TD Cowen lowered the firm’s price target on Kohl’s to $25 from $31 and keeps a Buy rating on the shares.The firm noted its Q1 sales miss on seasonal apparel and clearnace comparisons but likes some greenshoots including positive trends in women’s greater full-price selling and success in new categories.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KSS: