Kohl’s price target lowered to $26 from $29 at Citi

Citi analyst Paul Lejuez lowered the firm’s price target on Kohl’s to $26 from $29 and keeps a Neutral rating on the shares. The company’s Q4 was weak but it ended the year with inventories better aligned with sales, the analyst tells investors in a research note. However, the firm adds that Kohl’s sales trends remain weak across most categories. It expects the company’s results to be "choppy for the foreseeable future."