UBS raised the firm’s price target on Kohl’s (KSS) to $7 from $4.50 and keeps a Sell rating on the shares. While Kohl’s reported a better than expected quarter, which is likely a positive stock catalyst, share loss continues, the analyst tells investors in a research note.
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Read More on KSS:
- Kohl’s price target raised to $15 from $11 at Goldman Sachs
- Kohl’s price target raised to $22 from $17 at Baird
- Kohl’s price target raised to $22 from $11 at JPMorgan
- Kohl’s price target raised to $18 from $8.40 at BofA
- Kohl’s Hold Rating: Positive Earnings and Sales Growth Balanced by Valuation Concerns