Logitech: in the green on a brokerage upgrade

(CercleFinance.com) - Logitech is up 2% in Zurich, buoyed by a recommendation upgrade by UBS from 'sell' to 'neutral', with a price target raised from 65 to 68 Swiss francs on the computer accessories supplier's stock.


In its summary note, the broker sees an improved risk/reward profile for the company, but warns that "competitive risks in China and other regions remain a key theme".

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