Why Kohl's Stock Lost Almost 5% of Its Value Today

·2 min read

This was Deutsche Bank's Paul Trussell, who now feels Kohl's stock is worth $36 per share, down only slightly from his previous $37 estimation. Saad cut his price target to $32, well below his previous level of $45. Finally, there was Baird's Mark Altschwager, who like his Deutsche Bank peer made only a modest price target adjustment on Kohl's. Altschwager cut his to $40 per share from $42, and similarly is maintaining the equivalent of a buy recommendation on the shares.