Telsey Advisory raised the firm’s price target on Levi Strauss (LEVI) to $21 from $19 and keeps an Outperform rating on the shares. The company is pleased with its momentum exiting FY24 and entering FY25, noting the consumer has been relatively resilient considering the challenging macro environment, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LEVI:
- Levi Strauss price target raised to $22 from $20 at Wells Fargo
- Levi Strauss management to meet virtually with Telsey Advisory Group
- Levi Strauss Announces Leadership Transition in Finance
- Wells Fargo Downgrades Nike Stock (NKE) as “Turnaround Is Simply Taking Longer Than Hoped”
- Levi Strauss upgraded to Overweight from Equal Weight at Wells Fargo
