Telsey Advisory Group analyst Dana Telsey reiterated its Outperform rating on Levi Strauss & Co LEVI with a price target of $30.00 (80% upside).
The analyst noted LEVI reported another solid quarter, delivering better than expected results across the board despite persistent global macro headwinds. Telsey said the upside was driven by broad-based outperformance reflecting balanced growth in all three Levi’s brands’ geographies.
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