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Why Kohl's Stock Is Trading Lower Today

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Why Kohl's Stock Is Trading Lower Today

Kohl's (NYSE: KSS) shares are trading lower on Wednesday after UBS downgraded the stock from Neutral to Sell and lowered the price target from $17.50 to $14 per share.

Kohl's operates 1,159 department stores in 49 states that sell moderately priced private-label and national brand clothing, shoes, accessories, cosmetics, and home furnishings. Most of these stores are in strip centers. Kohl's also operates an e-commerce site (kohls.com) and 12 Fila athletic apparel outlets. Women's apparel constitutes Kohl's largest line of business, generating approximately 28% of its sales.

The retailer, headquartered in Menomonee Falls, Wisconsin, opened its first department store in 1962.

Kohl's shares were trading down 6% at $20.97 on Wednesday during the time of publication. The stock has a 52-week high of $59.28 and a 52-week low of $10.89.

Related Links:

Kohl's Trades Lower On Mixed Q3 Earnings, Cuts Guidance

Kohl's Reports Q2 Earnings Beat

Latest Ratings for KSS

DateFirmActionFromTo
Jul 2020UBSDowngradesNeutralSell
Jul 2020B of A SecuritiesUpgradesNeutralBuy
May 2020Morgan StanleyMaintainsUnderweight

View More Analyst Ratings for KSS
View the Latest Analyst Ratings

 

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Posted-In: why it's movingDowngrades Price Target Analyst Ratings

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StockFirmActionPT
NGMPiper SandlerInitiates Coverage On30.0
ETNBPiper SandlerInitiates Coverage On54.0
FLXNOppenheimerInitiates Coverage On19.0
ALTPiper SandlerInitiates Coverage On80.0
CBAYPiper SandlerInitiates Coverage On12.0
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