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Re: Den post# 317755

Tuesday, 05/11/2010 8:25:15 AM

Tuesday, May 11, 2010 8:25:15 AM

Post# of 648882
JPMorgan downgrades J.C. Penney (JCP -3.4%) to Neutral from Overweight. JCP is seeing increased competition from Macy's (M), faces challenges in its home business, and may be too optimistic about its five-year growth target.

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