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Stock Market & Financial Investment News

News Breaks
November 29, 2012
12:19 EDTKSSFollow-up: Kohl's downgraded to Hold from Buy at Deutsche Bank
Deutsche Bank downgraded Kohl's citing the company's weak November comp sales and its belief consensus estimates for Q4 and 2013 are too high. The firm lowered its price target for shares to $45 from $62.
News For KSS From The Last 14 Days
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October 13, 2014
10:06 EDTKSSJ.C. Penney rises after selecting Home Depot executive as next CEO
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06:15 EDTKSSJ.C. Penney downgraded to Sell from Neutral at UBS
UBS downgraded its rating on J.C. Penney (JCP) shares to Sell saying the company's 2017 EBITDA target of $1.2B is overly optimistic as it assumes years of market share gains against strong competitors like Macy's (M) and Kohl's (KSS). UBS halved its price target for Penney shares to $5 from $10. The retailer's stock closed Friday down 52c to $7.12.

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