Kohl’s price target lowered to $14 from $20 at Citi

Group 1 - Citi analyst Paul Lejuez lowered the price target on Kohl's (KSS) to $14 from $20 [1] - The company missed sales and gross margin estimates in Q4 [1] - Citi believes Kohl's is not well positioned to handle macro volatility [1] Group 2 - The firm maintains a Neutral rating on Kohl's shares [1] - Citi sees a balanced risk/reward at current share levels [1]