Analysts: J.C. Penney’s Sales Appear Weak and 3 Other Research Notes to Check Out

J.C. Penney (NYSE:JCP): Maxim downgraded J.C. Penney to Hold from Buy, citing weakness in retail sales and accelerating cash burn. The firm views shares as “extremely risky” due to the current and possible future dilution from last week’s offering.

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United Continental (NYSE:UAL): CRT Capital would use Friday’s sell-off in United Continental as a buying opportunity and the firm says that it continues to have conviction in earnings growth and cash return to shareholders. The shares are Buy rated with a $40 price target.

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Monsanto (NYSE:MON): Miller Tabak believes Monsanto’s 2014 fiscal year guidance could be in the $5.15-5.30 range, versus the consensus of $5.35. The firm says that potential for higher soy-to-corn planting mix in Brazil creates gross profit uncertainty, which, combined with higher share of North and South America soybean production, could dampen results. The shares are Hold rated.

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IMAX (NASDAQ:IMAX): Roth Capital believes that sentiment towards IMAX may be becoming more positive and it reiterates a Buy rating on the stock.

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