Kohl's (KSS) PT Raised to $66 at Cowen

Cowen raised its price target on Kohl's (NYSE: KSS) to $66.00 (from $47.00) while maintaining a Market Perform rating.

Analyst Oliver Chen commented, "We believe KSS is at the forefront of using data to drive new customer acquisition & retention – empowered by a leading and improving loyalty program. Also, health, wellness & active focus, inventory control, AMZN test, off-mall stores can drive growth. Stock has run +22% YTD yielding a P/E of 15.3x; however, continued progress may lead to upside upon upward EPS revisions."

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