Kohl’s price target lowered to $14 from $20 at Citi

Citi expert Paul Lejuez lowered the firm’s price target connected Kohl’s (KSS) to $14 from $20 and keeps a Neutral standing connected the shares. The institution missed income and gross borderline estimates successful Q4, the expert tells investors successful a probe note. Citi believes Kohl’s is not good positioned to grip macro volatility and the steadfast sees a balanced risk/reward astatine existent stock levels.

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