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Kohls stock forecast is pointed towards moderate gains over
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Kohls stock forecast is pointed towards moderate gains over the next quarter, backed by seasonal retail demand and planned promotional campaigns. Technical charts reveal KSS testing resistance around $26, with RSI hovering near 60, indicating room for bullish breakout if Q2 sales outperform expectations. “Under his leadership, the company is undergoing a transformation to elevate its product portfolio, enhance the store experience and improve its long-term financial health and profitability,” Kohl’s board chain Michael Bender said in a statement. Asahi beers running out in Japan as cyberattack shutdown lingers Recent analyst consensus indicates that Kohls stock forecast remains volatile amid shifting retail trends. Q1 2024 earnings showed EPS beating estimates by 5%, but revenue growth slowed to 2.3% YoY, suggesting margin pressures. Market sentiment hinges on inventory control and consumer confidence.