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Stock impact report

Why BofA Sees Kohl's (KSS) Facing a Tougher Road to a Real Turnaround [Yahoo! Finance]

Target Corporation (TGT) 
Last target corporation earnings: 3/3 06:30 am Check Earnings Report
US:NYSE Investor Relations: investors.target.com
Company Research Source: Yahoo! Finance
On March 12, 2026, BofA Securities analyst Lorraine Hutchinson maintained an Underperform rating on Kohl's and cut the price target to $15 from $18 after the retailer's fourth-quarter trends softened. Hutchinson said the fourth-quarter comparable-sales deceleration pointed to a tougher fiscal 2026 setup and argued that a real inflection in the business could require additional investment. BofA also trimmed its fiscal 2026 EPS estimate to $1.26 from $1.27 and reduced its fiscal 2027 forecast to $1.06 from $1.50. The note followed Kohl's March 10 fiscal 2025 results. The company reported fourth-quarter net sales of $4.97 billion, down 3.9% year over year, with comparable sales down 2.8%. Why BofA Sees Kohl's Facing a Tougher Road to a Real Turnaround For the full year, net sales fell 4.0%, and comparable sales declined 3.1%. Still, fourth-quarter diluted EPS came in at $1.07, while Kohl's introduced fiscal 2026 guidance that called for net sales to range from flat to down 2% and Show less Read more
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