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Fly News Breaks for May 13, 2016
KSS
May 13, 2016 | 07:55 EDT
After Kohl's reported lower than expected Q1 EPS, Stifel remains upbeat on the company's strategic initiatives. The firm thinks that the company is "well-positioned as a low-cost fashion provider." It cut its price target on the stock to $45 from $54 but keeps a Buy rating on the shares.
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