"Based on our informative conference call with management, we believe that J.C. Penney (JCP) is...

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

"Based on our informative conference call with management, we believe that J.C. Penney (JCP) is managing well through the difficult environment," Citi says, maintaining its Buy rating. Says JCP has managed to keep an eye on inventory and continues to report solid women's apparel sales.