Analysts: Kohl’s Losing Market Share to Competition and 3 More Research Notes to Read
Kohl’s Corp. (NYSE:KSS): Wells Fargo says Kohl’s is losing market share in the mid-tier space following the company’s disappointing third-quarter results and more positive numbers from Macy’s Inc. (NYSE:M); Wells believes Macy’s market share gains are coming at the expense of Kohl’s and continues to believe that Kohl’s has become less relevant in the current retail landscape. The firm keeps a Market Perform rating on the stock.
Curis Inc. (NASDAQ:CRIS): Piper Jaffray views the 28 percent pullback in shares of Curis after the partial clinical hold on CUDC-427 as an overreaction; Piper expects Curis will be able to reinitiate Phase II studies in 2014 and reiterates an Overweight rating on the stock with a $5 price target.
F5 Networks Inc. (NASDAQ:FFIV): Cantor believes the selloff in shares of F5 Networks following Cisco’s (NASDAQ:CSCO) disappointing outlook is unwarranted; the firm says that during Thursday’s investor meeting, F5 Networks noted that it’s hiring salespeople “aggressively.” Cantor has a Buy rating on F5 Networks with a $110 price target.
SunTrust Banks Inc. (NYSE:STI): Oppenheimer upgraded SunTrust to Outperform from Perform with a $40 price target, citing above-peer loan growth and a favorable earnings outlook.