Logitech price target raised to $120 from $115 at Wedbush

Wedbush raised the firm’s price target on Logitech (LOGI) to $120 from $115 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, but its focus has also remained on its core business initiatives. Wedbush expects first half of 2026 results to demonstrate Logitech’s new growth trajectory as it reestablishes its market share in China, reaccelerates video conferencing, and continues to dominate in personal workspace accessories throughout its markets. Uncertainty about the potential geographical breadth and depth of tariffs prompted the company to withdraw its 2026 guidance, the firm adds.