- Deutsche Bank turns positive on Kohl's (NYSE:KSS) after factoring in the new Sephora deal
- "We are upgrading shares of Kohl’s to Buy from Hold as yesterday’s transformational announcement of a partnership with Sephora combines with other unique traffic drivers including Amazon returns, expansion of athletic and outdoor, and a differentiated off-mall omnichannel experience to give us confidence in consistent positive comp growth for years to come."
- Shares of Kohl's are up 1.05% premarket after knocking out a 13.42% gain yesterday.
- Yesterday: Details on Kohl's Sephora deal and reaction from Evercore ISI