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Levi Strauss price target raised to $34 from $33 at UBS

UBS analyst Jay Sole raised the firm’s price target on Levi Strauss (LEVI) to $34 from $33 and keeps a Buy rating on the shares. Following the company’s Q1 report, the firm says Levi Strauss is “undergoing a transformation into a global, multi-channel, lifestyle brand for both men and women” and it sees this transformation fueling mid-single digit revenue growth at a mid-teens percentage margin over time.

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