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Fly News Breaks for August 21, 2019
KSS
Aug 21, 2019 | 09:42 EDT
Guggenheim analyst Robert Drbul lowered his price target for Kohl's to $60 from $70 to reflect lower sales/more pronounced gross margin contraction following quarterly results. The analyst reiterates a Buy rating on the shares as he believes management has the playbook to drive positive comps in the second half of 2019.