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Could J.C. Penney be on the verge of a turnaround? It has seen no shortage of bad news in the years since the financial crisis - including a weak 2013 holiday season, a boot from the S&P 500 and a below — $10 stock price that was once closer to $80 a share — but according to Citi analyst Oliver Chen, brighter days are on their way. Chen upgraded the beleaguered retailer's rating from
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- Companies:
- J.C. Penney
- People:
- Oliver Chen
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