UPDATE: Citigroup Downgrades Kohl's Corporation to Neutral on Near-Term Challenges

Citigroup downgraded Kohl's Corporation (NYSE: KSS ) from Buy to Neutral and lowered the price target from $57.00 to $50.00. Citigroup said, "While we continue to like Kohl's positioning as your neighborhood apparel/home store, its turnaround has proved more challenging than expected. In the near-term, we are increasingly concerned