Kohl’s price target lowered to $15 from $22 at JPMorgan

JPMorgan lowered the firm’s price target on Kohl’s (KSS) to $15 from $22 and keeps an Underweight rating on the shares following the Q4 report. The company’s gross profit dollars miss consensus as did its negative 2.8% same-store-sales, the analyst tells investors in a research note. JPMorgan cut its fiscal 2027 earnings estimate for Kohl’s by 30%.