Why Kohl’s Stock Looks Promising to Analysts in 2018
As we mentioned in the previous article, Kohl’s (KSS) stock surged 4.1% on January 19 as Jeffries increased its price target to $100.00 from $66.00. Jefferies’ updated price target reflects a potential upside of ~48.0% compared to the company’s closing stock price of $67.54 on January 19. Kohl’s partnership with Amazon (AMZN) is one of the vital reasons behind Jefferies’ decision to raise its price target for Kohl’s stock.