Barclays Maintains Overweight Rating for Logitech International: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Barclays has maintained its Overweight rating for Logitech International (NASDAQ:LOGI) and increased its price target from $71.00 to $81.00. Logitech's shares are currently trading up 0.94% at $72.19 per share. The new price target would represent a 12.2% increase from the current share price.
July 26, 2023 | 5:01 pm
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Barclays' maintained Overweight rating and increased price target for Logitech could potentially drive the stock price up in the short term.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. Barclays' decision to maintain an Overweight rating and raise the price target for Logitech suggests a positive outlook for the company, which could potentially drive the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100