Berenberg analyst Lucas Glemser initiated coverage of Logitech with a Buy rating and $111 price target, representing 20% upside. Logitech is a leading manufacturer of peripherals for PCs, tablets, gaming consoles and other digital platforms, the analyst tells investors in a research note. The firm says the company is the market leader in multiple categories and sells its products through various brands.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on LOGI:
- Logitech price target lowered to CHF 60 from CHF 65 at Deutsche Bank
- Logitech price target raised to $92 from $90 at Wedbush
- Logitech price target raised to $104 from $96 at Barclays
- Logitech (NASDAQ:LOGI) Slides Even as Fiscal Q3 Results Beat Estimates
- Logitech raises FY24 revenue view to $4.20B-$4.25B from $4.0B-$4.15B