Telsey Advisory analyst Dana Telsey maintains $Levi Strauss & Co. (LEVI.US)$ with a buy rating, and maintains the target price at $26.
According to TipRanks data, the analyst has a success rate of 37.7% and a total average return of -1.6% 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:
Levi Strauss's third-quarter results revealed that despite revenue shortfalls, robust margins contributed to a marginal earnings per share surpass. It is observed that the subsequent market reaction seemingly reflects the challenging sales trajectories and limited propellants for growth, with persisting near-term sales risks, and the possibility of unfavorable adjustments to mid-term projections.
Levi Strauss delivered a 'mixed' set of results for the third quarter, coupled with 'prudent' guidance for the fourth quarter.
The firm observes that shares of Levi Strauss experienced a decline following the company's third-quarter revenue shortfall and the reiteration of its EPS forecast coupled with a more confined revenue outlook.
Note:
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