Kohls stock forecast this week’s Kohls stock forecast
This week’s Kohls stock forecast incorporates updated macro data showing core inflation softening, potentially boosting discretionary spending. KSS’s beta at 1.4 suggests it will outperform in a bullish retail market swing. Trading volumes surged 17 times above average, mirroring the chaotic price moves of past meme stock episodes. The fundamentals did not change overnight. But the sentiment did. And that says a lot about the environment Kohl’s now operates in. Read our editorial policy to learn more about our process. The latest Kohls stock forecast reflects cautious optimism from major brokerage houses. Citigroup maintains a neutral rating, projecting FY2024 net income at $520M. Short interest dropped by 8% last month, signaling reduced bets against the retailer in anticipation of stronger holiday season foot traffic.
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