Telsey Advisory Group Maintains Outperform on Levi Strauss, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Telsey Advisory Group has maintained its 'Outperform' rating on Levi Strauss (NYSE:LEVI) but has lowered the price target from $18 to $16.

October 06, 2023 | 12:21 pm
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Levi Strauss's price target has been lowered from $18 to $16 by Telsey Advisory Group, although 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 maintenance of the 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100