After Reuters reported earlier that suitors competing to buy Kohl's Corporation (NYSE:KSS) are preparing to lower their takeout offers, but still plan to make bids, a person familiar with the matter told CNBC that mall owner Simon Property Group, Inc. (NYSE:SPG) is not planning to make a bid for Kohl's, according to Lauren Thomas. Shares of Kohl's are off earlier highs but remain about 12.5% higher at $40.70 in afternoon trading following the reports from Reuters and CNBC.
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5-day change | 1st Jan Change | ||
142.9 USD | +1.11% | +0.40% | +0.20% |
25/03 | Truist Securities Adjusts Price Target on Simon Property to $147 From $139, Maintains Hold Rating | MT |
25/03 | Wall Street: breathless but positive week by +2 | CF |
EPS Revisions
1st Jan change | Capi. | |
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+0.20% | 46.56B | |
-10.37% | 12.88B | |
-22.01% | 11.18B | |
-11.94% | 10.88B | |
-3.02% | 7.66B | |
-4.64% | 6.69B | |
-6.62% | 5.9B | |
-6.62% | 5.73B | |
-7.83% | 4.63B | |
-9.32% | 4.05B |
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- Simon Property Reportedly Have No Plan to Make Bid for Kohl's