Wells Fargo analyst Ike Boruchow raised the firm’s price target on Levi Strauss (LEVI) to $22 from $20 and keeps an Overweight rating on the shares. Considering China tariffs being lowered to 30% from 145% and the ramifications this should have on the space, the firm again re-scrubs its models and updates estimates to incorporate all relevant variables at this time.
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