Barclays analyst George Wang raised the firm’s price target on Logitech (LOGI) to $108 from $103 and keeps an Overweight rating on the shares. The company delivered a solid quarter, with healthy demand growth, led by Gaming, and margins above the long-term model, the analyst tells investors in a research note. The firm thinks Logitech’s updated Q4 guidance is conservative, with likely strong upside to margins.
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