Jefferies Downgrades COST, HD, KSS, LOW, PETM, SPLS, TGT, USTR To Hold

Jefferies & Company has downgraded the following companies: Costco COST $74.66, from Buy to Hold PT from $93 to $71 Home Depot HD $30.15, from Buy to Hold, PT from $44 to $33 Kohl's KSS $46.56, from Buy to Hold, PT from $63 to $50 Lowe's LOW $19.17, from Buy to Hold, PT from 430 to $18 PetSmart PETM $40.88, from Buy to Hold, PT from $53 to $44 Staples SPLS $13.21, from Buy to Hold, PT from $22 to $14 Target TGT $48.95, from Buy to Hold, PT from $59 to $51 United Stationers USTR $28.35, from Buy to Hold, PT from $43 to $28