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
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100