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Levi Strauss surges 9% on booming sales forecast, and one analyst says the stock will surge another 25% from here

1 month ago   |   By Business Insider

Summary List Placement Levi Strauss & Co. stock surged as much as 9% to a record high on Friday after the denim maker announced better-than-expected earnings and a booming sales forecast. Analysts from UBS also predict the stock will surge another 25% from current levels.
Levi was up 4.62% to $26.17 as of 11:05 a.m. ET, having risen to a session peak of $27.17 earlier in the day, its highest since it listed in March 2019.
The San Francisco-based company on Thursday reported an overall 13% net revenue decline for the first quarter of 2021 ending February 28, largely to the ongoing closures...
Read more ...

 

Levi Strauss surges 9% on booming sales forecast, and one analyst says the stock will surge another 25% from here

Levi Strauss surges 9% on booming sales forecast, and one analyst says the stock will surge another 25% from here

1 month ago   |   By Business Insider

Summary List Placement Levi Strauss & Co. stock surged as much as 9% to a record high on Friday after the denim maker announced better-than-expected earnings and a booming sales forecast. Analysts from UBS also predict the stock will surge another 25% from current levels.
Levi was up 4.62% to $26.17 as of 11:05 a.m. ET, having risen to a session peak of $27.17 earlier in the day, its highest since it listed in March 2019.
The San Francisco-based company on Thursday reported an overall 13% net revenue decline for the first quarter of 2021 ending February 28, largely to the ongoing closures...
Read more ...

 


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