Telsey Advisory Group Maintains Outperform on Levi Strauss, Lowers Price Target to $18
Portfolio Pulse from richadhand@benzinga.com
Telsey Advisory Group has maintained an 'Outperform' rating on Levi Strauss (NYSE:LEVI) but lowered the price target from $24 to $18.

July 07, 2023 | 9:16 am
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Levi Strauss's price target has been lowered from $24 to $18 by Telsey Advisory Group, though the 'Outperform' rating is maintained.
The lowering of the price target by Telsey Advisory Group could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100