Kohl's Corp. (KSS) Misses Q3 EPS by 2c, Offers FY Guidance

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Baird Upgrades Kohl's (KSS) to Outperform, Says Takeout Speculation Should Provide a Floor

November 10, 2017 4:11 AM EST

Baird upgraded Kohl's (NYSE: KSS) from Neutral to Outperform with a price target of $47.00 (from $46.00).

Analyst Mark Altschwager believes rewards accruals that pressured Q3 gross margins should subside in Q4 and potentially drive incremental comp benefits. The analyst also believes cost savings and inventory... More