Nomura Securities Starts Kohls (KSS) at Neutral; The Pressure’s On

Nomura Securities initiates coverage on Kohls (NYSE: KSS) with a Neutral. PT $52.00.

Nomura analyst, Paul Lejuez, said, "Kohl’s has been one of the best-managed retail companies over the past 10 years. From 2008 to 2010, despite the downturn, EBIT margins held relatively stable compared to the peer group. But being so well managed has its drawbacks – KSS now has fewer levers to pull to offset the inconsistent sales trends it faces as its customer comes under pressure."

For more ratings news on Kohls click here and for the rating history of Kohls click here.

Shares of Kohls closed at $52.32 yesterday.

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