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Stock Market & Financial Investment News

News Breaks
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.
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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