Levi Strauss price target raised to $24 from $17 at Stifel

Stifel raised the firm’s price target on Levi Strauss to $24 from $17 and keeps a Buy rating on the shares following the quarterly earnings report. A continuation of underlying trends could support further upside as the year unfolds, the analyst tells investors in a research note. Product diversification efforts are showing encouraging progress, and denim dresses and skirts demonstrate capitalization on burgeoning trends, the firm says.