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UPDATE: Citigroup Reiterates Buy Rating, Lowers PT on Kohl's Corporation

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In a report published Friday, Citigroup reiterated its Buy rating on Kohl's Corporation (NYSE: KSS), but slightly lowered its price target from $63.00 to $62.00.

Citigroup noted, “September SSS missed our expectations and management guidance. Average transaction value was flat YOY, while transactions per store were down low-single digits. Units per transaction were up slightly, and AUR was down slightly. Sales during KSS' Anniversary Sale were down high-single digits.”

Kohl's Corporation closed on Thursday at $50.93.

Latest Ratings for KSS

DateFirmActionFromTo
Feb 2016Atlantic EquitiesDowngradesNeutralUnderweight
Feb 2016NomuraMaintainsBuy
Feb 2016MKM PartnersDowngradesBuyNeutral

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Posted-In: CitigroupAnalyst Color Price Target Analyst Ratings

 

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