TMCNet:  Downgrade Alert for Kohl's (KSS)

[February 05, 2013]

Downgrade Alert for Kohl's (KSS)

Feb 05, 2013 (SmarTrend(R) Upgrades/Downgrades via COMTEX) -- Kohl's (NYSE:KSS) was downgraded from Buy to Neutral at Citigroup today. The stock closed yesterday at $45.21 on volume of 2.7 million shares, below average daily volume of 3.4 million. In the past 52 weeks, shares of Kohl's have traded between a low of $41.35 and a high of $55.25 and closed yesterday at $45.21, which is 9% above that low price. Over the past week, the 200-day moving average (MA) has remained constant while the 50-day MA has declined 0.8%.


Potential upside of 8.4% exists for Kohl's, based on a current level of $45.21 and analysts' average consensus price target of $49.00. The stock should find resistance at its 200-day moving average (MA) of $48.47, as well as support at its 50-day MA of $44.48.

Kohl's Corporation operates a chain of family-oriented department stores. The Company's stores feature apparel, footwear and accessories for women, men and children, soft home products such as sheets and pillows, and housewares targeted to middle income customers. Kohl's also offers online shopping as well as offers store credit cards.

SmarTrend is monitoring the recent change of momentum in Kohl's. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Kohl's in search of a potential trend change.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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