Citi Maintains Buy on Kohl's

Citi is out with its report today on Kohl's KSS, maintaining Buy. In its report, Citi writes, "We rate the shares of Kohl's Buy/High Risk (1H). Kohl's is a well-positioned department store retailer under our coverage due to is value proposition and continued inventory discipline. Long-term, we believe that Kohl's has a significant opportunity to be a major player in the moderate retail space." Citi maintains a $68 PT on KSS. At the time of posting, shares of KSS were trading at $44.57, down 0.13% from Thursday's close.