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Levi Strauss Stock Up on Jefferies Buy Rating

Investing.com •
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Shares of Levi Strauss rose over 2% following a Buy rating from Jefferies. The brokerage cited the denim maker's potential to gain market share and deliver consistent revenue and profit growth. Jefferies anticipates 4-5% annual revenue growth over the long term, with operating margins reaching 15% contributing to a mid-teens earnings multiple.