Levi Strauss price target raised to $16 from $14 at Citi

Citi raised the firm’s price target on Levi Strauss to $16 from $14 and keeps a Neutral rating on the shares. The analyst expects the company’s Q4 sales and earnings to be approximately inline with consensus estimates. Citi crowding data indicates that sentiment is more positive on Levi Strauss than it was prior to the Q3 earnings call, but overall the stock remains “less crowded” than peers, the analyst tells investors in a research note.