Analysts: J.C. Penney’s Traffic Trends are Improving and 3 More Research Notes to Check Out

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J.C. Penney (NYSE:JCP): Sterne Agee notes that  the elimination of Ron Johnson’s strategies is increasing the traffic at J.C. Penney stores. The firm sees early signs of a recovery by the company, although it doesn’t expect it to gain meaningful traction until Q3. It keeps a Buy rating on the stock.

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