Analyst Alexandra Straton of Morgan Stanley maintained a Hold rating on Levi Strauss & Co (LEVI – Research Report), reducing the price target to $16.00.
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Alexandra Straton’s rating is based on a combination of factors impacting Levi Strauss & Co’s stock performance. The company’s revenue growth remains a key performance indicator for unlocking valuation potential, but current visibility into consistent growth is limited. While the Americas and Asia regions have shown strong performance, challenges in Europe have contributed to revenue volatility.
Despite achieving better-than-expected earnings per share and demonstrating a strong track record of profitability expansion, uncertainties such as potential tariff impacts and other external factors create a cautious outlook. Management has set a conservative fiscal year guidance, but sales trends are expected to face challenges, leading to an unclear future trajectory. These factors collectively contribute to the Hold rating, as the potential for consistent medium-term growth remains uncertain.
In another report released on April 7, Wells Fargo also maintained a Hold rating on the stock with a $17.00 price target.
LEVI’s price has also changed moderately for the past six months – from $19.270 to $12.420, which is a -35.55% drop .