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On watch: Kohl's (KSS) is downgraded to Underweight from Equal-Weight by Morgan Stanley with a...

On watch: Kohl's (KSS) is downgraded to Underweight from Equal-Weight by Morgan Stanley with a soft price target of $42. The retailer hasn't seen the pickup in sales from J.C. Penney refugees that some analysts forecast while TJX Companies and Ross Stores have both gained market share at its expense.
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