UPDATE: UBS Upgraded Kohl's on New Strategy
November 04, 2013 at 09:22 AM EST
In a report published Monday, UBS analyst Michael Binetti upgraded Kohl's Corp. (NYSE: KSS ) from Neutral to Buy and raised the price target from $54 to $69. Binetti noted that UBS had concerns regarding Kohl's merchandise and inventory strategy since its initiation in April 2012. The analyst