Logitech upgraded to Buy from Hold at Kepler Cheuvreux

Kepler Cheuvreux upgraded Logitech (LOGI) to Buy from Hold with a price target of CHF 100, up from CHF 77. The company reported a “beat and raise” Q3, showing its ability to grow in tough markets, the analyst tells investors in a research note. The firm says Logitech is going from “expensive cash cow to AI-driven grower.”