Will This Price Target Increase Help Kohl's (KSS) Stock Today?

NEW YORK (TheStreet) -- Nomura increased its price target on Kohl's  (KSS) to $68, increased its estimates and maintained a "buy" rating.

The firm cited recent checks as the reason for the increased.

The stock closed at $61.36 on Thursday.

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Separately, TheStreet Ratings team rates KOHL'S CORP as a "buy" with a ratings score of A-. TheStreet Ratings Team has this to say about their recommendation:

"We rate KOHL'S CORP (KSS) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."

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