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Citigroup Upgrades Kohl's to Buy and Raises Price Target to $22

Kohl's logoKohl's
Sig1.65Sen+2.75Env0.00Soc0.00Gov0.00

Citigroup raised Kohl’s stock rating from neutral to buy and lifted its price objective from $14.00 to $22.00. Consensus calls for a Reduce rating and a $16.17 target. Kohl’s posted quarterly EPS of $1.28 versus $0.58 consensus, beating expectations, and analysts forecast $1.26 EPS for the fiscal year. Several investors also increased stakes.

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