Jefferies & Company Reports on Kohl's (KSS)

In a report released today, Jefferies & Company commented on Kohl's KSS. In the report, Jefferies was positive in its outlook of the company. Jefferies writes, “Despite some softness in seasonal sales, there is a lot for investors to look forward to. Mainly we see potential upside to sales as seasonal sales kick in, credit easing promotes spending, remodels produce better than expected results, new product launches keep customers coming back, and inflation provides some ticket benefit.” Jefferies & Company has a Buy rating on KSS and a price target of $63.00. Shares of KSS closed the trading day at $55.47, up from the opening price of $54.63.