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Guggenheim Thinks Levi Strauss & Co’s Stock is Going to Recover

In a report issued on July 1, Robert Drbul from Guggenheim maintained a Buy rating on Levi Strauss & Co (LEVIResearch Report), with a price target of $33.00. The company’s shares closed last Wednesday at $15.85, close to its 52-week low of $15.65.

According to TipRanks.com, Drbul is a 5-star analyst with an average return of 7.0% and a 57.1% success rate. Drbul covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Lululemon Athletica, and Columbia Sportswear.

Levi Strauss & Co has an analyst consensus of Strong Buy, with a price target consensus of $30.43.

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The company has a one-year high of $30.09 and a one-year low of $15.65. Currently, Levi Strauss & Co has an average volume of 1.73M.

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Levi Strauss & Co. engages in the design, marketing, and sale of apparel products. The company offers jeans, casual and dress pants, tops, shorts, skirts, jackets, footwear, and related accessories. It operates through the following geographical segments: Americas, Europe, and Asia. The company was founded by Levi Strauss in 1853 and is headquartered in San Francisco, CA.

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