Market Overview

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

Share:
Related KSS
Analyst Thoughts On Kohl's Partnership With Under Armour
How Does Target's New $5 Billion Buyback Plan Stack Up Against Other Retailers?

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 2016UBSMaintainsNeutral
Aug 2016JefferiesMaintainsBuy
Aug 2016Deutsche BankMaintainsHold

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!