Wells Fargo Maintains Overweight on Levi Strauss, Raises Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ike Boruchow has maintained an Overweight rating on Levi Strauss (NYSE:LEVI) and increased the price target from $15 to $19.
December 22, 2023 | 1:13 pm
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Wells Fargo analyst Ike Boruchow has reaffirmed Levi Strauss's Overweight rating and raised the price target from $15 to $19, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Ike Boruchow suggests a strong conviction in the company's future performance. This typically instills investor confidence and can lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100