- UBS analyst Jay Sole downgraded Kohl's Corp KSS to Sell from Neutral with a price target of $38, down from $66, implying a 22.5% downside.
- Sole noted inflation has become a big soft lines theme over the past two months, which warrants a thesis change on Kohl's.
- The analyst believed inflation, along with the combined impact of lapping fiscal stimulus, a likely industry-wide inventory build, and rising interest rates, will pressure the company's sales and margins much more than the market expects.
- Sole specified earnings misses will "catalyze a down stock move" for Kohl's.
- Price Action: KSS shares are trading lower by 3.53% at $47.29 in premarket on the last check Friday.
Loading...
Loading...
KSSKohl's Corp
$9.57-0.83%
Edge Rankings
Momentum
8.37
Growth
53.01
Quality
49.04
Value
95.19
Price Trend
Short
Medium
Long
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|