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Logitech stock upgraded as strong Q3 performance boosts growth outlook

Deutsche Bank upgraded Logitech's stock rating from Sell to Hold, raising the price target to CHF 80 following strong Q3 performance, particularly in China and gaming. The company reported adjusted EPS of $1.59 and raised its fiscal 2025 revenue outlook to $4.54-4.57 billion, reflecting confidence in its growth trajectory. Kepler Cheuvreux also upgraded Logitech to Buy, citing recovery in key sectors and improved market dynamics.
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Swiss Franc United States Dollar Logitech International S.A. USA George Brown Torsten Sauter
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13:24 31.01.2025
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