Kohls stock forecast attracted upgrade from one major bank

Kohls stock forecast attracted upgrade from one major bank due to anticipated strength in back-to-school demand. Inventory turnover ratio improved to 3.9, up from 3.6, highlighting efficient product cycle management. As of the time of this writing, KSS shares are hovering around $14.56, down about 20% since the opening bell. While that is a dismal fall, it’s not even close to how far KSS stock has fallen since the year began. To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research. Kohls stock forecast for mid-2024 is influenced by consumer discretionary sector rotation. Portfolio managers note relative undervaluation compared to peers, with price-to-sales ratio at 0.32 vs. industry median of 0.5, offering potential catch-up growth.