What's the 'REIT' Option for JCPenney (JCP)? Lowered Expectations...
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Don't Believe the J. C. Penney (JCP) REIT Conversion 'Fairy Dust' - Analyst
March 19, 2013 12:25 PM EDTThose holding their breath for a J. C. Penney (NYSE: JCP) REIT conversion should stop, according to the latest commentary from Gilford Securities.
Analyst Bernard Sosnick called the latest talk about converting the best 300 J.C. Penney stores into REITs, lease the space and voila--$40 per share is "fairy dust" and he said "more than a few things have to be taken into consideration... More
JCPenney (JCP) May Just Have the 'REIT' Solution for Better Valuation - Analyst
March 18, 2013 8:54 AM EDTJCPenney (NYSE: JCP) may be able to drive some near-term upside in its stock, but not necessarily from retail sales.
... More
