UBS upgraded Logitech (LOGI) to Buy from Neutral with a price target of CHF 80, down from CHF 88. The company will not be immune to initial tariff impacts and slowing demand, but the share price has come down already, reflecting investor uncertainties, the analyst tells investors in a research note. The firm believes Logitech’s margins and cash flows “will remain on healthy levels,” supported by pricing power in key products and optimized regional sourcing away from China. Medium-term, Logitech should benefit from structural Generation Alpha gaming trends, adds UBS.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LOGI:
- Logitech price target lowered to $78 from $97 at Loop Capital
- Balanced Outlook for Logitech: Manufacturing Agility and Cost Management Amid Tariff and Market Uncertainties
- Logitech’s Earnings Call: Strong Growth Amid Challenges
- Logitech Stock (LOGI) Drops After Q1 Results Spur a Price Target Cut
- Logitech price target lowered to $100 from $110 at Wedbush
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue