Levi Strauss price target raised to $20 from $18 at Barclays

Barclays raised the firm’s price target on Levi Strauss (LEVI) to $20 from $18 and keeps an Overweight rating on the shares. The company announced a definitive agreement to sell Dockers to Authentic Brands Group with a valuation in-line with expectations, the analyst tells investors in a research note.