Logitech price target lowered to CHF 77 from CHF 79 at Goldman Sachs

Goldman Sachs analyst Alexander Duval lowered the firm’s price target on Logitech to CHF 77 from CHF 79 and keeps a Buy rating on the shares. The analyst notes that the reduction in his price target reflects the roll forward of valuation methodology while noting that the key risks for the company include weaker end markets and negative macro dynamics.