Kohl's Stock Upgraded: What You Need to Know
Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...
It's been a topsy-turvy year for investors in Kohl's Corporation (NYSE: KSS). Up 3.5% since the year began, Kohl's stock has nonetheless underperformed the S&P 500 badly. Though it was up as much as 11% at one point, Kohl's stock has suffered some steep declines along the way, and is in fact lagging the S&P by nearly 25% over the past year.
But it could have been worse, and it might get better.
Source: Fool.com