Goldman Sachs analyst Brooke Roach keeps a Sell rating and $20 price target on Kohl’s after its Q4 results and guidance. The results were “mixed” as the company’s stronger margin momentum in Q4 was “encouraging”, though investors will likey look for further color on the drivers of the weaker comp delivery in Q4 and the management’s weaker margin outlook in 2024, the analyst tells investors in a research note.
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