Goldman Sachs Maintains Sell on Kohl's, Maintains $20 Price Target
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brooke Roach has maintained a Sell rating on Kohl's (NYSE:KSS) and kept the price target at $20. This reaffirms Goldman Sachs' bearish stance on the retail company.
March 13, 2024 | 10:24 am
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Goldman Sachs maintains a Sell rating on Kohl's with a $20 price target, indicating a bearish outlook on the stock.
The maintenance of a Sell rating and a $20 price target by a prominent analyst at Goldman Sachs suggests a strong bearish sentiment towards Kohl's. This could influence investor perception and potentially lead to a decrease in stock price in the short term, especially considering the influence of analyst ratings on market behavior.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100