UBS and Raymond James Point to Steady Growth Drivers at Levi Strauss (LEVI)

Core Insights - Levi Strauss & Co. is recognized as one of the 14 Best Mid-Cap Dividend Stocks to buy currently [1] - UBS has raised its price target for Levi Strauss to $33 from $32 while maintaining a Buy rating [2] - Raymond James initiated coverage with an Outperform rating and a price target of $26, highlighting Levi's steady mid-single-digit revenue growth potential [3] Financial Performance and Growth Drivers - Analysts from Raymond James expect Levi's EBIT margin to improve, supporting earnings growth in the high-single-digit range [3] - The direct-to-consumer segment is identified as a key growth driver, bolstered by new store openings, enhanced productivity, and ongoing digital expansion [3] Product Strategy and Market Positioning - Levi plans to expand its premium denim offerings, including a new $300 jeans line, to capitalize on strong demand for higher-end products [4] - The premium Blue Tab collection, featuring higher-quality jeans and shirts, has been introduced in various stores across Europe and the US [4] - This strategy aims to elevate the brand and attract a broader customer base, particularly targeting more women shoppers [4]