Logitech price target raised to $96 from $81 at Barclays

Barclays analyst George Wang raised the firm’s price target on Logitech to $96 from $81 and keeps an Overweight rating on the shares post the fiscal Q2 report. The analyst raised estimates and still views the company’s higher second half guidance as conservative. The firm says Logitech is poised for a solid rebound once macro headwinds dissipate.