Citigroup endorses the Ron Johnson-led makeover at J.C. Penney (JCP), saying a survey it...

|About: J.C. Penney Company Inc. (JCP)|By:, SA News Editor

Citigroup endorses the Ron Johnson-led makeover at J.C. Penney (JCP), saying a survey it conducted shows that the changes are resonating with customers. Analysts keep JCP lined up on its Top Picks Live list on their increased confidence the long-term strategy will work.