Wells Fargo gives an Overweight recommendation for Levi Strauss & Co (LEVI)

In a filing, Levi Strauss & Co revealed its SVP and General Counsel Jedrzejek David unloaded Company’s shares for reported $0.27 million on May 20 ’25. In the deal valued at $18.00 per share,15,000 shares were sold. As a result of this transaction, Jedrzejek David now holds 104,119 shares worth roughly $1.78 million.

Then, Jedrzejek David bought 15,000 shares, generating $270,000 in total proceeds.

Before that, Friedman David A sold 4,166 shares. Levi Strauss & Co shares valued at $75,071 were divested by the Director at a price of $18.02 per share. As a result of the transaction, Friedman David A now holds 95,846 shares, worth roughly $1.64 million.

Wells Fargo upgraded its Levi Strauss & Co [LEVI] rating to an Overweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “a Buy”. JP Morgan also remained covering LEVI and has increased its forecast on April 08, 2025 with a “an Overweight” recommendation from previously “Neutral” rating. Telsey Advisory Group maintained its rating on April 08, 2025. It rated LEVI as “an Outperform”.

Price Performance Review of LEVI

On Tuesday, Levi Strauss & Co [NYSE:LEVI] saw its stock fall -0.18% to $17.06. Over the last five days, the stock has lost -7.23%. Levi Strauss & Co shares have fallen nearly -1.39% since the year began. Nevertheless, the stocks have fallen -27.37% over the past one year. While a 52-week high of $24.34 was reached on 02/06/25, a 52-week low of $12.17 was recorded on 04/09/25. SMA at 50 days reached $16.18, while 200 days put it at $17.59.

Levels Of Support And Resistance For LEVI Stock

The 24-hour chart illustrates a support level at 16.83, which if violated will result in even more drops to 16.60. On the upside, there is a resistance level at 17.27. A further resistance level may holdings at 17.49. The Relative Strength Index (RSI) on the 14-day chart is 49.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.47%. Stochastics %K at 13.10% indicates the stock is a buying.

How much short interest is there in Levi Strauss & Co?

A steep rise in short interest was recorded in Levi Strauss & Co stocks on 2025-05-15, dropping by -0.63 million shares to a total of 5.74 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 6.36 million shares. There was a decline of -10.9%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on January 08, 2025 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $24 price target.

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