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Stock impact report

UBS and Raymond James Point to Steady Growth Drivers at Levi Strauss (LEVI) [Yahoo! Finance]

Levi Strauss & Co Class A (LEVI) 
Last levi strauss & co class a earnings: 4/7 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
On January 12, UBS lifted its price target on Levi Strauss & Co. (NYSE:LEVI) to $33 from $32, while sticking with a Buy rating on the stock. A few weeks earlier, on December 23, Raymond James launched coverage of Levi Strauss with an Outperform rating and a $26 price target. The firm sees Levi as a steady mid-single-digit revenue grower, supported by multiple drivers across its business. Raymond James described Levi as a growth story “with levers across channels, geographies, customers, and categories.” The firm also expects Levi's EBIT margin to improve over time, which should support earnings growth of at least the high-single-digit range. Analysts added that Levi's direct-to-consumer segment could be a key upside driver, helped by new store openings, better productivity, and continued digital expansion. Raymond James also argued that current consensus forecasts look conservative and leave room for upside surprises. In November, Levi said it plans to expand its premium denim ro Show less Read more
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