Kohl's Price Target Lowered to $15 by Jefferies

Analysts cite ongoing challenges for the department store chain

Mar. 11, 2026 at 8:08pm

Jefferies Financial Group has lowered its price target for Kohl's (NYSE: KSS) from $22 to $15, citing continued struggles for the department store retailer. The firm maintained a 'hold' rating on Kohl's stock. Other analysts have also recently issued negative outlooks, with JPMorgan Chase and The Goldman Sachs Group cutting their price targets as well.

Why it matters

Kohl's has faced significant headwinds in recent years, including declining sales, store closures, and a shift in consumer preferences away from traditional department stores. The lowered price targets from major investment firms signal ongoing challenges for the company as it works to adapt its business model.

The details

In a research note, Jefferies analysts dropped their price target on Kohl's from $22 to $15, while maintaining a 'hold' rating on the stock. The analysts cited ongoing issues for the retailer, which has seen its stock price decline amid broader industry trends. Other firms like JPMorgan Chase and The Goldman Sachs Group have also recently cut their price targets for Kohl's, reflecting the continued difficulties the company faces.

  • Jefferies Financial Group issued the new $15 price target on March 11, 2026.

The players

Kohl's

A leading American department store retailer that operates approximately 1,100 stores across 49 states, offering a combination of value-oriented pricing, private-label brands and national labels.

Jefferies Financial Group

A global investment banking firm that provides research, sales and trading, and investment management services.

JPMorgan Chase & Co.

A multinational investment bank and financial services company.

The Goldman Sachs Group

A leading global investment banking, securities and investment management firm.

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The takeaway

The lowered price targets for Kohl's from major investment firms highlight the ongoing challenges facing the department store retailer as it navigates a shifting retail landscape. Kohl's will need to continue adapting its business model to address declining sales and changing consumer preferences in order to regain investor confidence.