Morgan Stanley Maintains Equal-Weight on Levi Strauss, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Kimberly Greenberger has maintained an Equal-Weight rating on Levi Strauss (NYSE:LEVI) and lowered the price target from $15 to $14.
October 25, 2023 | 12:33 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Levi Strauss and lowered the price target from $15 to $14.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of Levi Strauss in the short term. This is because the new price target suggests that the analyst believes the stock is currently overvalued.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100