Morgan Stanley Maintains Equal-Weight on Logitech International, Raises Price Target to $74
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erik Woodring has maintained an Equal-Weight rating on Logitech International (NASDAQ:LOGI) and raised the price target from $67 to $74.
October 25, 2023 | 12:34 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Logitech and raised the price target from $67 to $74, which could potentially lead to an increase in the stock's price.
The raised price target by Morgan Stanley indicates a positive outlook for Logitech's stock. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100