Goldman Sachs Maintains Neutral on Kohl's (KSS)

Goldman Sachs is out with its report today on Kohl's KSS, maintaining Neutral. In a note to clients, Goldman Sachs writes, "The stock has lagged over the past quarter, as shares have fallen 5% since KSS reported their March comp. We have a neutral trading bias into the print, as the bar has been reset lower given sluggish sales, and it would likely take a guidance raise to instill investor confidence that 1Q was an anomaly with trends set to improve into 2H." At the time of posting, shares of KSS were trading at $52.06, down 0.31% from Friday's close.