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Fly News Breaks for August 14, 2015
KSS
Aug 14, 2015 | 05:47 EDT
UBS analyst Michael Binetti downgraded Kohl's to Neutral saying the retailer's new initiatives aren't enough to overcome weak industry trends. Kohl's just posted a second consecutive quarterly same-store-sales miss, Binetti points out. He cut his price target for shares to $58 from $72.
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