In a report released today, Lorraine Hutchinson from Bank of America Securities reiterated a Buy rating on Levi Strauss & Co, with a price target of $27.00.
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Lorraine Hutchinson has given his Buy rating due to a combination of factors, including broad-based sales momentum and attractive valuation. Levi Strauss & Co. delivered first-quarter organic revenue growth well above guidance across regions, channels, and categories, prompting management to raise full-year fiscal 2026 targets for sales, margins, and earnings per share.
In addition, the company’s margin outlook is improving as pricing, mix, and cost execution enhance profitability, with further upside possible from recently reduced U.S. tariffs that are not yet fully reflected in guidance. Hutchinson also sees room for sustained mid‑single‑digit revenue growth and EBIT margin expansion toward management’s long‑term goal, making the current earnings multiple appear undemanding relative to the company’s strengthening earnings power.
In another report released today, Barclays also maintained a Buy rating on the stock with a $26.00 price target.
Based on the recent corporate insider activity of 96 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LEVI in relation to earlier this year.