Levi Strauss & Co (NYSE:LEVI) announced better-than-expected earnings for its fiscal second quarter, but missed revenue expectations. The retailer noted wholesale demand in the U.S. is unstable, and maintained its annual profit and revenue forecast due to adverse foreign exchange impact .In response, J.P. Morgan Securities cut its price target by $1 to $20.LEVI was last seen down 16.5% to trade at $19.30, breaching long-term support from its 30-day moving average. The security earlier gapped to its lowest l ...