Guggenheim analyst Robert Drbul maintained a Buy rating on Kohl’s (KSS – Research Report) on August 18 and set a price target of $44.00. The company’s shares closed last Friday at $29.89.
According to TipRanks, Drbul is a 5-star analyst with an average return of 8.0% and a 60.44% success rate. Drbul covers the Consumer Goods sector, focusing on stocks such as Kohl’s, Nike, and Capri Holdings.
In addition to Guggenheim, Kohl’s also received a Buy from Deutsche Bank’s Gabriella Carbone in a report issued on August 19. However, on the same day, Evercore ISI maintained a Hold rating on Kohl’s (NYSE: KSS).
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Based on Kohl’s’ latest earnings release for the quarter ending April 30, the company reported a quarterly revenue of $3.72 billion and a net profit of $14 million. In comparison, last year the company earned a revenue of $3.89 billion and had a net profit of $14 million
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Kohl’s Corp. owns and operates family-oriented department stores. It offers exclusive brand apparel, shoes, accessories and home & beauty products through its department stores. Its stores offer apparel, footwear and accessories for women, men and children; soft home products, such as sheets and pillows and house wares targeted to middle-income customers. Its stores generally carry a consistent merchandise assortment with some differences attributable to regional preferences. The company was founded in 1962 and is headquartered in Menomonee Falls, WI.
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