J.C. Penney (JCP +1%) takes on a downgrade from JPMorgan as the retailer loses one of its last...

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

J.C. Penney (JCP +1%) takes on a downgrade from JPMorgan as the retailer loses one of its last high-profile bulls. Analysts with JP take the stock down to Neutral from Overweight and set a $20 price target on shares with the view the situation could go from bad to worse.