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Levi Strauss price target raised to $26 from $24 at Telsey Advisory

Telsey Advisory raised the firm’s price target on Levi Strauss to $26 from $24 and keeps an Outperform rating on the shares. Ahead of the company’s Q2 results, the firm continues to believe Levi Strauss is well-positioned with a strong and growing DTC business complemented by a more focused assortment and an increased concentration on newness.

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