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Fly News Breaks for April 8, 2015
KSS
Apr 8, 2015 | 07:23 EDT
Credit Suisse said Kohl's recent relative outperformance appears to reflect a turnaround or a potential take-private transaction. The firm believes an LBO is unlikely given low returns and less expense reductions given management's SG&A focus. Shares are Neutral rated with a $64 price target.
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