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Fly News Breaks for March 2, 2020
Mar 2, 2020 | 08:47 EDT
Wedbush analyst Jen Redding lowered the firm's price target on Kohl's to $35 from $45 and keeps a Neutral rating on the shares. The analyst is "cautious" into Q4 earnings announcement on Tuesday, March 3, as Wedbush big data shows a sharp spike in inventories coupled with her proprietary promo tracker, which indicates promotions continue to run higher year over year incrementally.
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