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Fly News Breaks for May 22, 2019
KSS
May 22, 2019 | 07:20 EDT
Guggenheim analyst Robert Drbul said he was disappointed with Kohl's results and guidance, but believes the company's initiatives will lead to improved performance. While he lowered his price target for Kohl's shares to $70 from $80 following the report, Drbul said he would use weakness in the stock as an incremental opportunity to accumulate shares. He maintains a Buy rating on Kohl's.
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