BofA Trims Kohl's (KSS) Price Target to $15, Cuts FY26 EPS Estimate to $1.26

BofA Securities analyst Lorraine Hutchinson has downgraded Kohl's Corporation (NYSE:KSS) to Underperform and cut the price target to $15 from $18. Hutchinson cites the retailer's fourth-quarter comparable-sales deceleration and argues that a real turnaround could require additional investment. BofA trimmed its fiscal 2026 EPS estimate to $1.26 from $1.27 and reduced its fiscal 2027 forecast to $1.06 from $1.50. Kohl's reported fourth-quarter net sales of $4.97 billion, down 3.9% YoY.