BTIG’s Frohnhoefer Sees JCP Reaching $22 Per Share (Audio)

William Frohnhoefer, analyst at BTIG, says he sees several factors that will drive J.C. Penney's share price to $22, including the fact that it has enough capital to survive its self-inflicted wounds. Frohnhoefer speaks with Bloomberg's Kathleen Hays and Vonnie Quinn on Bloomberg Radio's "The Hays Advantage."

(Source: Bloomberg)

Running time 07:33

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