Stifel analyst Jim Duffy maintains $Levi Strauss & Co. (LEVI.US)$ with a buy rating, and adjusts the target price from $28 to $25.
According to TipRanks data, the analyst has a success rate of 57.1% and a total average return of 8.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Levi Strauss & Co. (LEVI.US)$'s main analysts recently are as follows:
The firm's assessment of Levi Strauss notes a marginal earnings per share outperformance, attributed to solid margins balancing revenue shortfalls in the Q3 results. The analysis suggests that the current stock valuation reflects the difficulties in revenue growth and a lack of immediate triggers for change. It also points out the ongoing risk to sales in the near term and the possibility for future downward adjustments in earnings estimates.
Levi Strauss reported Q3 results were described as 'mixed', along with 'prudent' guidance for Q4.
Levi Strauss's stock movement to the downside was noted following a Q3 revenue shortfall and the reiteration of its EPS forecast, accompanied by a more precise revenue guidance.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
