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Analyst: Weather, Promotions To Hurt Kohl’s Profits (KSS)

Deutsche Bank ( DB ) is voicing concerns for shares of retailer Kohl's ( KSS ) in a morning call.

The analyst is citing several reasons for cutting Kohl's shares to a "Hold" rating, including promotions that appear to be yielding less returns/sales. The analyst believes the warmer weather trend so far this month as well as the forecast for this winter to be the mildest in 5 years could take a toll on the company's bottom line.

The Bottom Line

Shares of Kohl's ( KSS ) have a 1.99% dividend yield, based on last night's closing stock price of $50.36. The stock has technical support in the $44-$48 price area. If the shares can firm up, we see overhead resistance around the $52-$54 price levels.

Kohl's ( KSS ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.2 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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