Levi Strauss raises profit forecast on cost saving initiatives, fewer discounts

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Levi Strauss & Co. (LEVI) PT Raised to $22 at Goldman Sachs

April 4, 2024 7:15 AM EDT

Goldman Sachs analyst Brooke Roach raised the price target on Levi Strauss & Co. (NYSE: LEVI) to $22.00 (from $14.00) while maintaining a Neutral rating.

The analyst comments "We step away from the quarter incrementally constructive on the stock as a result of sequentially improving... More

Levi Strauss & Co. (LEVI) PT Raised to $21 at Citi, 'A Good Start to The Yr w/Top-Line Tailwinds'

April 4, 2024 7:12 AM EDT

Citi analyst Paul Lejuez raised the price target on Levi Strauss & Co. (NYSE: LEVI) to $21.00 (from $16.00) while maintaining a Neutral rating.

The analyst comments "LEVI posted a big EPS beat in 1Q, driven primarily by better GM. Revenues were inline with... More

Levi Strauss & Co. (LEVI) PT Raised to $20 at Morgan Stanley

April 4, 2024 6:42 AM EDT

Morgan Stanley analyst Alex Straton raised the price target on Levi Strauss & Co. (NYSE: LEVI) to $20.00 (from $17.00) while maintaining a Equalweight rating.

The analyst comments "Better-than-expected 1Q results & an unchanged FY sales guide enabled LEVI stock to regain +7% after it traded down on... More

Levi Strauss & Co. (LEVI) PT Raised to $20 at Wells Fargo

April 4, 2024 5:45 AM EDT

Wells Fargo analyst Ike Boruchow raised the price target on Levi Strauss & Co. (NYSE: LEVI) to $20.00 (from $17.00) while maintaining a Equal Weight rating.

The analyst comments "With their first top-line beat in 12 months (and raised FY plan), new management is breaking... More