Logitech: Stifel raises target price

(CercleFinance.com) - Stifel maintains its hold rating rating on Logitech's stock, although has increased its target price for them to 98 Swiss francs from 95 Swiss francs (current price: 101.
5 Swiss francs, +1%).

The broker says it has updated its financial model for the Swiss IT equipment specialist.

Based on favourable forecasts, Stifel expects EPS growth of 9% in FY 2021-22, followed by 13% in FY 2022-23.


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