Telsey Advisory analyst Dana Telsey lowered the firm’s price target on Kohl’s (KSS) to $10 from $13 and keeps a Market Perform rating on the shares. The company ended FY24 relatively better than much of the year, the analyst tells investors. New leadership will likely bring stabilization to the business, but visibility to a timeline to turnaround to better profitability is challenging.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KSS:
- Kohl’s price target lowered to $5 from $10 at UBS
- Kohl’s price target lowered to $11 from $18 at Baird
- Kohl’s price target lowered to $8 from $10 at Morgan Stanley
- Kohl’s price target lowered to $8 from $15 at BofA
- Cautious Outlook for Kohl’s: Hold Rating Amid Declining Sales and Earnings, Dividend Cut, and Uncertain Market Conditions