By  on April 13, 2017

J.C. Penney Co. Inc. and Dillard’s, like most of their department store peers, are suffering from sluggish sales and fickle customers, but some on Wall Street think a comeback might be in the works.

Analysts with Fitch Ratings gave both department stores a “stable” rating despite expectations of flat to “modestly negative” comparable store sales over the next year to two years, citing turnaround efforts like store closings and cost cutting, as well as a relatively stable debt situation.

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