TD Cowen Downgrades Kohl's to Hold, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has downgraded Kohl's from Buy to Hold and reduced the price target from $25 to $21, indicating a less optimistic outlook for the company's stock.
August 30, 2024 | 9:54 am
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TD Cowen analyst Oliver Chen has downgraded Kohl's from Buy to Hold and reduced the price target from $25 to $21, reflecting a more cautious stance on the stock.
The downgrade from Buy to Hold and the reduction in price target from $25 to $21 by TD Cowen suggests a less favorable view of Kohl's future performance. This is likely to negatively impact the stock price in the short term as investors adjust their expectations.
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