J.C. Penney's Holiday Discounts Are Luring Shoppers: Pro

Posted on December 24, 2012 at 12:15 PM EST

Big discounts helped lure holiday shoppers back to J.C. Penney, but it's too early to tell if the retailer is grabbing market share, Oppenheimer analyst Brian Nagel told CNBC on Monday.

Related Stocks:

J.C. Penney Co., Inc. Kohls Corp. Target Corp. Wal-Mart Stores

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