Analysts Raise Levi Strauss Price Targets to $30 and $34
LEVI•Telsey Advisory lifted Levi Strauss & Co.’s price target to $30 from $27 and UBS analyst Jay Sole boosted his target to $34. Wall Street forecasts second-quarter earnings of $0.24 per share, up 9.1% year-over-year, on revenue of $1.52 billion, up 4.8% from a year earlier.
1. Analyst Price Target Increases
On July 2, Telsey Advisory lifted Levi Strauss’s price target to $30 from $27, and UBS analyst Jay Sole increased his to $34, signaling elevated expectations for the stock’s performance.
2. Strong EPS Growth Forecast
Analysts project second-quarter earnings of $0.24 per share, marking a 9.1% increase from $0.22 in the same period last year and highlighting improved profitability.
3. Revenue Growth Outlook
Consensus revenue estimates stand at $1.52 billion for the quarter, up 4.8% from $1.45 billion a year earlier, underpinned by robust demand for Levi Strauss’s apparel.
