Barclays raised the firm’s price target on Logitech to $104 from $96 and keeps an Overweight rating on the shares. The company delivered a strong print and March quarter guidance, the analyst tells investors in a research note. The firm says Logitech is “poised for a solid rebound once macro headwinds dissipate.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on LOGI:
- 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
- Logitech reports Q3 EPS $1.53, consensus $1.17
- Logitech options imply 6.3% move in share price post-earnings
- Logitech International (LOGI) Q3 Earnings Cheat Sheet
