Kohl's (KSS) PT Raised to $39 at Cowen
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Get Alerts KSS Hot Sheet
Price: $24.18 -0.53%
Rating Summary:
7 Buy, 20 Hold, 9 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 21 | Down: 25 | New: 16
Rating Summary:
7 Buy, 20 Hold, 9 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 21 | Down: 25 | New: 16
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Cowen analyst Oliver Chen raised the price target on Kohl's (NYSE: KSS) to $39.00 (from $30.00) while maintaining a Market Perform rating.
The analyst commented, "KSS & Sephora form a strategic LT partnership in a 10-year deal & will open 850 shop-in-shops by 2023, incl. 200 in 2021 becoming KSS's exclusive strategic beauty partner. Deal is logical & attractive given younger customer appeal & new access to Sephora’s outstanding beauty brand portfolio, experiential retail concept, & heritage of store talent."
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