Market Overview

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

Share:
Related KSS
Oppenheimer: Why We Love Lululemon
Who Will Benefit From Back-To-School Shopping?
It's a beautiful plan for department store chains (Seeking Alpha)

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
Aug 2015UBSDowngradesBuyNeutral
Aug 2015JefferiesMaintainsBuy
May 2015BMO CapitalMaintainsMarket Perform

View More Analyst Ratings for KSS
View the Latest Analyst Ratings

Posted-In: CitigroupAnalyst Color Price Target Analyst Ratings

 

Related Articles (KSS)

View Comments and Join the Discussion!

Get Benzinga's Newsletters