Wedbush lowered the firm’s price target on Logitech (LOGI) to $100 from $110 and keeps an Outperform rating on the shares. The firm appreciates Logitech’s candor on the expected margin impact from tariffs. While the uncertainty about the potential geographical breadth and depth of tariffs by July forced the company to withdraw its FY26 guidance, it provided detailed Q1 guidance, including both the expected tariff impact and Logitech’s ability to partially offset the pressure with selective price increases across its portfolio.
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