By: Benzinga
November 30, 2012 at 13:02 PM EST
UPDATE: Citigroup Reiterates Buy Rating, Lowers PT on Kohl's Corporation
In a report published Friday, Citigroup reiterated its Buy rating on Kohl's Corporation (NYSE: KSS ), but lowered its price target from $63.00 to $61.00. Citigroup noted, “We rate the shares of Kohl's Buy. Kohl's is a well-positioned department store retailer due to its value proposition and continued inventory discipline.
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