Kohl’s Stock: A Curious Tale of Unexpected Fortune

Mark Altschwager, a man of few but calculated words, made his move early in the day, increasing his fair value assessment of the retailer’s stock from $15 to a slightly more optimistic $17. His move, though, was not one of the wild exuberance seen in so many market adventures. He, in fact, left his stance on the stock unchanged-neutral, yes, like a judge who neither praises nor condemns but simply observes. How noble, and yet how utterly frustrating for those wishing for a grand declaration!






