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Kohl's (KSS) Stock Tumbles, RBC Capital: More Exposed to Secular Pressure Than Peers

NEW YORK (TheStreet) -- Kohl's (KSS - Get Report) shares are slumping 1.93% to $43.04 on Wednesday morning after RBC Capital Markets began coverage of the stock with an "underperform" rating and a $42 price target.

There are several secular pressures in the department store industry. For instance, the second half of 2015 was difficult for many companies due to unseasonable weather, economic uncertainty, and lower tourist spending.

Rivals like Amazon.com (AMZN) have also been increasing their efforts to enter into the softlines categories, intensifying the competition in the retail sector.

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