Kohl’s price target raised to $5 from $4 at Barclays

Barclays raised the firm’s price target on Kohl’s (KSS) to $5 from $4 and keeps an Underweight rating on the shares following the Q1 report. The company’s guidance being unchanged for the year is a “slight positive” given low expectations stemming from tariff and demand risks in the back half, but Kohl’s fundamental performance “remains significantly pressured in a difficult turnaround,” the analyst tells investors in a research note.