tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kohl’s price target raised to $13 from $8 at Evercore ISI

Evercore ISI analyst Michael Binetti raised the firm’s price target on Kohl’s (KSS) to $13 from $8 and keeps an In Line rating on the shares. The company posted a solid quarter against low expectations, the analyst tells investors in a research note. The firm says that while Kohl’s traffic was down 4% in Q2, trends improved through the quarter. Kohl’s is implementing more self-help initiatives than expected, contends Evercore.

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>>

Disclaimer & DisclosureReport an Issue

1