Kohl’s price target raised to $24 from $22 at Baird

Baird raised the firm’s price target on Kohl’s (KSS) to $24 from $22 and keeps a Neutral rating on the shares. The firm sees an improving backdrop into 2026 as consumer stimulus including lower taxes, wealth effects, and tariff mitigation set the stage for stronger revenue and earnings growth especially after tariffs are cycled in the first half.