Levi Strauss considers possible sale of Dockers brand, shares tank 10%
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Levi Strauss & Co. (LEVI) PT Lowered to $19 at Morgan Stanley
October 3, 2024 3:00 PM EDTMorgan Stanley analyst Alex Straton lowered the price target on Levi Strauss & Co. (NYSE: LEVI) to $19.00 (from $20.00) while maintaining a Equalweight rating.
The analyst comments "Revenue shortcomings were offset by strong margins, making for a slight EPS beat. Post-print de-rating seemingly accounts for challenging... More
Levi Strauss & Co. (LEVI) PT Lowered to $25 at Stifel
October 3, 2024 5:49 AM EDTStifel analyst Jim Duffy lowered the price target on Levi Strauss & Co. (NYSE: LEVI) to $25.00 (from $28.00) while maintaining a Buy rating.
The analyst comments "FY3Q results again feature strong indicators of brand health (DTC acceleration, strong GM upside) packaged with disappointing... More
Citi Reiterates Neutral Rating on Levi Strauss & Co. (LEVI)
October 3, 2024 5:41 AM EDTCiti analyst Paul Lejuez reiterated a Neutral rating and $21.00 price target on Levi Strauss & Co. (NYSE: LEVI).
The analyst comments "LEVI again posted a bottom-line beat, but like 2Q, sales were weaker than consensus. Despite the beat in the qtr, mgmt... More
BofA Securities Reiterates Neutral Rating on Levi Strauss & Co. (LEVI)
October 3, 2024 5:34 AM EDTBofA Securities analyst Christopher Nardone reiterated a Neutral rating and $22.00 price target on Levi Strauss & Co. (NYSE: LEVI).
The analyst comments "We reiterate our Neutral rating; we think valuation fairly reflects the continued momentum in Levis brand DTC sales. LEVI reported 3Q... More
