Levi Strauss & Co (NYSE:LEVI) shares tanked in early trading on Friday, even after the company reported upbeat third-quarter earnings.

• LEVI is taking a hit from negative sentiment. Track the action here.

Here are some key analyst takeaways:

JPMorgan analyst Matthew Boss reiterated an Overweight rating, while raising the price target from $23 to $33.

BofA Securities analyst Christopher Nardone maintained a Buy rating and price target of $27.

Telsey Advisory Group analyst Dana Telsey maintained an Outperform rating and price target of $27.

Needham analyst Tom Nikic reaffirmed a Buy rating and price target of $28.

• Check out other analyst stock ratings.

 JPMorgan: Levi Strauss reported adjusted earnings of 34 cents per share, beating Street expectations of 31 cents per share, Boss said in a note. The beat was driven by higher-than-expected organic revenue growth of 7% year-on-year and gross margin expansion of 110 basis points ...