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Morgan Stanley Remains a Sell on Logitech (LOGI)
Morgan Stanley analyst Erik Woodring maintained a Sell rating on Logitech today and set a price target of $88.00.
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Woodring covers the Technology sector, focusing on stocks such as Apple, International Business Machines, and Hewlett Packard Enterprise. According to TipRanks, Woodring has an average return of 31.7% and a 61.71% success rate on recommended stocks.
In a report released on June 30, Bank of America Securities also downgraded the stock to a Sell with a CHF70.00 price target.
LOGI market cap is currently CHF11.02B and has a P/E ratio of 19.80.
Read More on LOGI:
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- Logitech price target lowered to $88 from $89 at Morgan Stanley
- Biohaven, Quince, Iridium, EasyJet, Logitech Trending by Analysts
- Goldman downgraded, Block upgraded: Wall Street’s top analyst calls
- Analyst Flags Demand Headwinds and Valuation Risk, Cuts Long-Term Forecasts on Logitech
- Logitech downgraded to Underperform from Neutral at BofA
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