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Levi Strauss Stock Falls as Profit Forecast Weighs
Schaeffers Investment Research· 2025-10-10 15:23
Levi Strauss & Co (NYSE:LEVI) stock is sharply lower today, down 10% at $22.07 at last glance. The shares are brushing off strong third-quarter results as the retailer's disappointing annual profit forecast weighs. Still, no fewer than three analysts lifted their price targets, including J.P. Morgan to $33 from $23, with the firm also maintaining its "overweight" rating. Today's drop has Levi Strauss stock moving away from its recent Oct. 3 three-year high of $24.82. Earlier as low as $21.11, the shares are ...