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Fly News Breaks for February 26, 2016
KSS
Feb 26, 2016 | 07:36 EDT
Baird said expectations for Kohl's are low but they see good value for patient long-term investors. The firm noted the challenging retail environment weighed on the company's Q4 results, but they are encouraged by management's sharper focus on operating costs and inventory management, which should support an improving free cash flow profile. Baird reiterated its Outperform rating and $54 price target on Kohl's shares.
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