TD Cowen raised the firm’s price target on Kohl’s to $31 from $28 and keeps an Outperform rating on the shares. The firm said 4Q EPS beat on margins, and new EPS guidance brackets Street and catalysts for growth and relevance include a greater focus on gifting/home/impulse, new national apparel brands, new Babies “R” Us partnership, value simplification, and inventory management.
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