Baird analyst Mark Altschwager lowered the firm’s price target on Kohl’s (KSS) to $11 from $18 and keeps a Neutral rating on the shares. The firm updated its model following Q4 results as its CEO said its very achievable turnaround which will take time, has begun.
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Read More on KSS:
- 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
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- Kohl’s Faces Challenges: Sell Rating Amid Earnings Concerns and Strategic Doubts