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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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.
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