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Bank of America Securities Keeps Their Sell Rating on Kohl’s (KSS)

Tipranks - Tipranks - Fri Mar 13, 5:38AM CDT

Bank of America Securities analyst Lorraine Hutchinson reiterated a Sell rating on Kohl’s today and set a price target of $15.00.

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Hutchinson covers the Consumer Cyclical sector, focusing on stocks such as TJX Companies, Burlington Stores, and Urban Outfitters. According to TipRanks, Hutchinson has an average return of 1.1% and a 49.19% success rate on recommended stocks.

In addition to Bank of America Securities, Kohl’s also received a Sell from Goldman Sachs’s Brooke Roach in a report issued yesterday. However, on the same day, TD Cowen assigned a Hold rating to Kohl’s (NYSE: KSS).

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Based on Kohl’s’ latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $5.17 billion and a net profit of $125 million. In comparison, last year the company earned a revenue of $5.4 billion and had a net profit of $48 million

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