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home / news releases / levi strauss co rating downgrade as upside is no lon

LEVI - Levi Strauss & Co: Rating Downgrade As Upside Is No Long Attractive

Levi Strauss & Co Class A

2024-06-29 06:45:40 ET

Summary

  • I downgrade my buy rating to hold rating for Levi Strauss & Co.
  • Strong DTC growth and margin improvement reported in recent earnings.
  • However, the upside is no longer attractive, and the market is unlikely to rerate the stock upwards due to poor guidance.

Investment action

For further details see:

Levi Strauss & Co: Rating Downgrade As Upside Is No Long Attractive
Stock Information
Company Name: Levi Strauss & Co Class A
Stock Symbol: LEVI
Market: NYSE
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