Goldman Pair Trade Looking Good So Far: Kohl's, Dick's Upgraded, BJ's Downgraded (KSS, DKS, BJ)

Traders are responding accordingly to several research calls made by Goldman Sachs early this morning. The firm essentially offered investors with a pair trade of sorts, upgrading discounter Kohl's (NYSE: KSS) and sporting-goods retailer Dick's (NYSE: DKS) while downgrading shares of BJ's Wholesale (NYSE: BJ). Goldman now has both Kohl's and Dick's at Buy and BJ's at the dreaded Sell.

Shares of Dick's have jumped more than 2% to $17.09 and shares of BJ's are down about 1.8% to $31.50 on the downgrade. After gapping about 1.9% higher this morning, shares of Kohl's have now lost upside momentum and are continuing to trade lower. The stock just turned into negative territory and is currently down about 0.3% to $42.54.

To see all the market-moving calls by Goldman Sachs, visit our entity page specifically for the firm.

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