P/>Kmart (KM) saw a 4.3% rise in same-stores sales for January, compared with 3.6% growth in the same period last year, the company said Thursday.

The Troy, Mich., retailer said total sales in January grew 2.4% to $2.15 billion from $2.10 billion in the same period last year.

This morning,

UBS Warburg

upped its price target on Kmart to $9 from $5. No further details were available.

Shares of Kmart recently fell 28 cents, or 3.2%, to $8.61 in composite trading on the

New York Stock Exchange

.