Wedbush Maintains Neutral on Logitech International, Lowers Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Alicia Reese maintains a Neutral rating on Logitech International (LOGI) and lowers the price target from $92 to $88.

May 01, 2024 | 1:42 pm
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Wedbush maintains a Neutral rating on Logitech International and lowers the price target from $92 to $88.
The adjustment in price target by Wedbush reflects a recalibration of expectations for Logitech International's stock, likely due to updated analysis on the company's future performance. However, maintaining a Neutral rating indicates that the analyst sees neither significant upside nor downside risks in the near term, suggesting a balanced view on the stock's prospects.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100