Gordon Haskett upgraded Kohl's (NYSE: KSS) from Reduce to Hold with a price target of $37.00 (from $36.00).

The analyst says EPS downside appears limited for the time being and advises clients to cover their short positions.

For an analyst ratings summary and ratings history on Kohl's click here. For more ratings news on Kohl's click here.

Shares of Kohl's closed at $41.93 yesterday.