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May 16, 2014
08:50 EDTKSSKohl's still has good value and catalysts, says MKM Partners
After Kohl's reported weaker than expected Q1 results, MKM Partners thinks there were a few bright spots in the results, including a month-to-month acceleration in sales and significant improvement in gross margin. The firm expects the company's key initiatives to become significant comp and traffic drivers starting in 2H14. It keeps a Buy rating.
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