Kohl's Corp. (KSS) Tops Q2 EPS by 6c
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Kohl's (KSS) PT Lifted to $65 at Nomura Securities Amid Solid Q2
August 15, 2014 7:53 AM EDTNomura Securities analyst Robert Drbul reiterated a Buy rating and bumped his price target on Kohl's (NYSE: KSS) to $65.00 (from $62.00) following solid Q2 results.
Drbul commented, "Sales declined 1.1% to $4.2bn in 2Q, as comp sales declined 1.3%. The comp performance comprised a 1.9% increase in... More
Stifel Still Bullish on Kohl's (KSS) Following Q2 Report; Long-Term Trajectory Shaping Up
August 14, 2014 12:05 PM EDTStifel maintains its Buy rating and $60 price target on Kohl's (NYSE: KSS) following the retailer's Q2 report, which was release before markets opened on Thursday.
Analyst Richard Jaffe commented, KSS 2Q results were better than anticipated, with EPS above our estimate and consensus. While sales were softer than expected, they improved as the quarter progressed (July comp sales increased 2%). The business was well managed, evident in only a modest gross margin decline and tight expense management as SG&A dollars fell 2% y/y.... More
