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Fly News Breaks for February 2, 2016
KSS
Feb 2, 2016 | 10:34 EDT
As noted earlier, Buckingham upgraded Kohl's to Buy from Neutral before the market opened. As reasons for the upgrade, the firm cited valuation and its belief that the company's strategy is mitigating its structural issues. The firm expects the company's comp sales to rise by low single digit percentage levels in Q4, against a difficult comp. Such an increase would show that the company's strategy is working, according to the firm, which set a $62 price target on the shares.
News For KSS From the Last 2 Days
KSS
Apr 17, 2024 | 10:16 EDT
Bearish flow noted in Kohl's with 4,607 puts trading, or 3x expected. Most active are 5/31 weekly 21 puts and Apr-24 23 calls, with total volume in those strikes near 4,300 contracts. The Put/Call Ratio is 7.58, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 23rd.