Kohls (KSS) option implied volatility elevated at 86 into Q1

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Cowen Remains Bullish on Kohl's Corp. (KSS)

May 23, 2018 8:10 AM EDT

Cowen reiterated an Outperform rating and $76.00 price target on Kohl's (NYSE: KSS) following the company's 1Q earnings report. KSS did beat and raise guidance; however, sentiment turned cautious intra-call given that 1Qs +3.6% comp benefited by +320bps from a calendar shift.

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