Barclays Maintains Overweight on Logitech International, Raises Price Target to $104
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst George Kelly has maintained an Overweight rating on Logitech International (NASDAQ:LOGI) and increased the price target from $96 to $104, indicating a positive outlook on the company's stock.
January 24, 2024 | 9:10 pm
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Barclays analyst George Kelly has reaffirmed an Overweight rating on Logitech International and raised the price target to $104, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's growth prospects and financial health. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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IMPORTANCE 85
RELEVANCE 100