Kohl's Shares Rise 7.1% After Baird Lifts Price Target
Kohl’s shares rose 7.1% to close at $19.08 after Baird maintained a Neutral rating but lifted its price target from $19 to $20. The change signals cautious optimism for Kohl’s outlook despite ongoing pressure on department stores from e-commerce and off-price competition, with limited near-term upside suggested by the target’s proximity to the current price.