Kohl’s stock price target raised by UBS to $7.00 from $4.50 on earnings view
PositiveFinancial Markets

- UBS has raised its price target for Kohl's stock from $4.50 to $7.00, reflecting an optimistic earnings outlook for the retailer. This adjustment comes amid a period of recovery for Kohl's, which has seen a significant increase in its share price following positive developments in its business strategy.
- The increase in the stock price target is a positive indicator of investor confidence in Kohl's ability to improve its financial performance, particularly as the company has recently appointed a new CEO to lead its turnaround efforts after a leadership scandal.
- This development aligns with broader trends in the retail sector, where companies like Best Buy and Macy's have also experienced positive stock adjustments due to strong earnings reports and improved market sentiment, indicating a potential recovery phase for the retail industry.
— via World Pulse Now AI Editorial System







