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Levi Strauss price target raised to $24 from $21 at BofA

BofA analyst Christopher Nardone raised the firm’s price target on Levi Strauss (LEVI) to $24 from $21 and keeps a Buy rating on the shares. Levi Strauss is in the early innings of a positive EPS revision cycle, the analyst tells investors in a research note. BofA says its second half outlook could prove conservative given the momentum of the business if the macro environment holds.

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