Vetr Crowd Upgrades Kohl's To Strong Buy

The Vetr crowd on Tuesday upgraded their rating for Kohl's Corporation KSS from 3 stars (Hold), issued 32 days ago, to 5 stars (Strong Buy). Crowd confidence at the time of the upgrade was unanimously positive, with 100 percent of Vetr user ratings bullish.

Like most U.S. retailers, Kohl's has been struggling in recent months as sales have declined across the board for most brick-and-mortar stores.

Shares showed a hint of life Friday when the stock hopped about $0.50 on rumors the retailer might take its shares private. However, its price took a sharp downturn at the start of trading on Monday, falling nearly 5 percent to close at 38.55, while dropping another 2.3 percent today to finish at $37.64.

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Currently, the Vetr crowd's average target price for Kohl's is up at $50.15, which is above the average analyst target price of $46.78. Less than 2 percent of Vetr users are holding KSS in their watch lists.