Citigroup Downgrades Logitech International to Neutral, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Asiya Merchant downgraded Logitech International (NASDAQ:LOGI) from Buy to Neutral and lowered the price target from $73 to $70.

June 14, 2023 | 4:35 pm
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Citigroup downgraded Logitech International (NASDAQ:LOGI) to Neutral and reduced the price target from $73 to $70.
The downgrade from Buy to Neutral by Citigroup analyst Asiya Merchant indicates a less optimistic outlook for Logitech International. The lowered price target from $73 to $70 suggests a reduced potential upside for the stock, which may negatively impact its short-term price.
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