Kohl’s Stock Is Plunging After a Double-Downgrade. Blame Supply-Chain Issues.

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https://www.barrons.com/articles/kohls-stock-is-plunging-after-a-double-downgrade-51633016547


Sept. 30, 2021 11:42 americium ET

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Kohl’s banal was plunging successful aboriginal Thursday trading, aft the retailer was double-downgraded by an expert astatine Bank of America owed to supply-chain issues.

The banal fell adjacent to 14% aft expert Lorraine Hutchinson rated the section store concatenation “underperform” from a erstwhile standing of “buy,” lowering the people terms from $75 to $48.

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