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Logitech: UBS upgrades stock

(CercleFinance.com) - UBS upgrades Logitech International shares from 'sell' to 'neutral', with a target price raised from 65 to 68 Swiss francs, seeing an improved risk/reward ratio on the Swiss computer accessories supplier's stock.


In its summary, the broker mentions a likely increase in management targets in the future, but warns that risks relating to competition in China and other regions remain a key theme.


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