Wedbush raised the firm’s price target on Logitech (LOGI) to $115 from $110 and keeps an Outperform rating on the shares. The firm notes that not only has Logitech deftly maneuvered the ongoing tariff shifts with a steady hand, its focus has remained on its core business initiatives. The first half of 2026 results and guidance demonstrate Logitech’s underlying growth trajectory as it reestablishes its market share in China, drives growth in gaming globally, and continues to dominate in personal workspace accessories throughout its markets, Wedbush adds. Uncertainty about the potential geographical breadth and depth of tariffs prompted the company to withdraw its FY26 guidance. However, its Q1 beat and manageable Q2 guidance show that Logitech is on track to beat its prior FY26 targets, the firm argues.
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