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Fly News Breaks for January 7, 2020
KSS
Jan 7, 2020 | 08:28 EDT
Jefferies analyst Randal Konik downgraded Kohl's to Hold from Buy with a price target of $52, down from $65, as he expects its comps continuing to underwhelm and margins declining as the business loses share and its key categories continue to be weak. While he likes management's traffic driving partnership initiatives, Konik noted that the company's investments have been slow to bear fruit.
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.