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BTIG Reaffirms Their Buy Rating on Levi Strauss & Co (LEVI)

Tipranks - Fri Jan 30, 6:24AM CST

BTIG analyst Robert Drbul maintained a Buy rating on Levi Strauss & Co yesterday and set a price target of $27.00. The company’s shares closed yesterday at $20.47.

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According to TipRanks, Drbul is a 4-star analyst with an average return of 4.9% and a 53.69% success rate. Drbul covers the Consumer Cyclical sector, focusing on stocks such as Nike, FIGS, and G-III Apparel Group.

In addition to BTIG, Levi Strauss & Co also received a Buy from Needham’s Tom Nikic in a report issued today. However, on the same day, TipRanks – Google downgraded Levi Strauss & Co (NYSE: LEVI) to a Hold.

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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