Behind Kohl's Q1 Success: Strategic Priorities And Management Changes, Says Analyst
Portfolio Pulse from Shivani Kumaresan
Kohl's Corporation (KSS) reported better-than-expected Q1 results with an EPS of $0.13, beating the consensus. Telsey Advisory Group analyst Dana Telsey reiterated a Market Perform rating with a price target of $24. The company's new management team and strategic priorities are credited for the strong performance.
May 24, 2023 | 5:53 pm
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Kohl's Corporation reported strong Q1 results, beating expectations with an EPS of $0.13. Telsey Advisory Group analyst maintains a Market Perform rating and a $24 price target.
Kohl's Corporation reported better-than-expected Q1 results, which is likely to have a positive short-term impact on its stock price. The strong performance is attributed to the company's new management team and strategic priorities. The analyst from Telsey Advisory Group has maintained a Market Perform rating and a $24 price target, indicating a positive outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100