Can Levi Strauss Keep Up Its Earnings Momentum?

In a retail landscape increasingly dominated by fast fashion and digital-first brands, Levi Strauss & Co‘s (NYSE:LEVI) recent earnings report signals a noteworthy shift for traditional apparel companies aiming to reclaim market relevance.

Shares of Levi Strauss rallied in early trading on Friday after the company reported upbeat second-quarter results on Thursday.

The announcement came amid an exciting earnings season. Here are some key analyst takeaways.

JPMorgan On Levi Strauss

Analyst Matthew Boss reiterated an Overweight rating, while raising the price target from $18 to $23.

Levi Strauss reported adjusted earnings of 22 cents per share, beating the consensus of 14 cents per share, with 9% "broad-based" organic revenue growth and operating margins of 8.3% above Street expectations of 6.1%, Boss ...