Citi lowered the firm’s price target on Levi Strauss (LEVI) to $19 from $21 and keeps a Neutral rating on the shares. The firm expects the company’s Q4 results to be approximately inline with consensus. However, Levi’s 2025 sales and earnings guidance will be below consensus, hurt somewhat by currency headwinds, the analyst tells investors in a research note. Citi believes the disappointing 2025 could move the stock lower.
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