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Stock Market & Financial Investment News

News Breaks
August 22, 2014
07:15 EDTKSSKohl's price target raised to $68 from $60 at Stifel
Stifel increased its price target on Kohl's as the firm thinks the company's new chief customer officer will improve its marketing and sales efforts. Stifel believes that the these improvements could enable the company to generate higher than expected profits. It keeps a Buy rating on the shares.
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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