Kohl’s (KSS) stock surged nearly 100% on Tuesday without any clear reason, resembling meme stock rallies. Trading volume was 17 times higher than average. The spike is likely a short squeeze due to declining sales, leadership issues, and bearish sentiment. Analysts predict potential downside of more than 50%.

Goldman Sachs maintained a “Sell” rating on KSS stock with a price target of $7, citing fundamental weaknesses and potential struggles with profitability. Other Wall Street firms are equally bearish on Kohl’s stock for the second half of 2025. The consensus rating is “Moderate Sell” with a mean target price of $7.35.

Read more at Yahoo Finance: As Kohl’s Surges in Wild Retail Rally, How Should You Play KSS Stock?