Levi Strauss & Co (LEVI) Receives a Buy from Stifel Nicolaus
Stifel Nicolaus analyst Peter McGoldrick maintained a Buy rating on Levi Strauss & Co yesterday and set a price target of $27.00. The company’s shares closed yesterday at $21.61.
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McGoldrick covers the Consumer Cyclical sector, focusing on stocks such as Columbia Sportswear, Nike, and VF. According to TipRanks, McGoldrick has an average return of -2.3% and a 47.62% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Levi Strauss & Co with a $26.75 average price target, representing a 23.79% upside. In a report released on December 7, TR | OpenAI – 4o also upgraded the stock to a Buy with a $25.00 price target.
Based on Levi Strauss & Co’s latest earnings release for the quarter ending August 31, the company reported a quarterly revenue of $1.54 billion and a net profit of $218.1 million. In comparison, last year the company earned a revenue of $1.52 billion and had a net profit of $20.7 million
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