Morgan Stanley Maintains Equal-Weight on Logitech International, Raises Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Erik Woodring has maintained an Equal-Weight rating on Logitech International (NASDAQ:LOGI) and increased the price target from $83 to $85.

January 24, 2024 | 8:08 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Logitech International and raised the price target from $83 to $85, indicating a positive outlook on the stock.
The increase in price target by Morgan Stanley suggests a positive sentiment towards Logitech International's stock. While the Equal-Weight rating indicates that the stock is expected to perform in line with the sector or overall market, the raised price target implies that Morgan Stanley sees some upside potential in the stock's value. This could lead to a short-term positive impact on the stock price as investors may interpret the raised target as a sign of growth potential.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100