On Oct 03, major Wall Street analysts update their ratings for $Levi Strauss & Co. (LEVI.US)$, with price targets ranging from $22 to $26.
BofA Securities analyst Christopher Nardone maintains with a hold rating, and adjusts the target price from $19 to $22.
TD Cowen analyst Oliver Chen maintains with a buy rating, and adjusts the target price from $25 to $23.
Stifel analyst Jim Duffy maintains with a buy rating, and adjusts the target price from $28 to $25.
Telsey Advisory analyst Dana Telsey maintains with a buy rating, and maintains the target price at $26.
Furthermore, according to the comprehensive report, the opinions of $Levi Strauss & Co. (LEVI.US)$'s main analysts recently are as follows:
Levi Strauss's third-quarter outcomes were described as 'mixed,' and the company's guidance for the fourth quarter was characterized as 'prudent.'
Concerns were noted as shares experienced a decline subsequent to the company's third-quarter revenue shortfall and reaffirmed earnings per share guidance alongside a refined revenue forecast.
Levi Strauss's fiscal Q3 results showcased strong signs of brand health, yet they were coupled with disheartening counterpoints that impact the company's fiscal year revenue and earnings potential. While the brand's strength is evident, persistent uncertainties have compelled a more cautious stance on revenue growth and earnings prospects. Nevertheless, there is still perceived potential for the business to exceed expectations and for the shares to be considered undervalued.
Here are the latest investment ratings and price targets for $Levi Strauss & Co. (LEVI.US)$ from 4 analysts:
Note:
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