Wedbush Reiterates Neutral on Logitech International, Maintains $90 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Alicia Reese has reiterated a Neutral rating on Logitech International (NASDAQ:LOGI) and maintained a price target of $90.
January 23, 2024 | 1:10 pm
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NEUTRAL IMPACT
Wedbush analyst Alicia Reese reaffirmed a Neutral rating on Logitech International with a price target of $90.
The reiteration of a Neutral rating by Wedbush suggests that there are no significant short-term catalysts expected to drive Logitech's stock price significantly higher or lower. The maintained price target of $90 indicates that the analyst believes the stock is fairly valued at its current level. This is likely to have a neutral impact on the stock price in the short term, as it does not alter the investment thesis for the company.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100