UPDATE: Deutsche Bank Raises PT on Kohl's Corporation on FY13 Earnings Forecast
March 01, 2013 at 11:04 AM EST
In a report published Friday, Deutsche Bank reiterated its Hold rating on Kohl's Corporation (NYSE: KSS ), and raised its price target from $40.00 to $42.00. Deutsche Bank noted, “We found Kohl's FY13 earnings forecast for EPS of $4.15-$4.45 a bit surprising. Specifically, on GPM, the company expects expansion of