Barclays Maintains Overweight Rating for Logitech International: Here's What You Need To Know

Barclays has decided to maintain its Overweight rating of Logitech International LOGI and raise its price target from $71.00 to $81.00.

Shares of Logitech International are trading up 0.94% over the last 24 hours, at $72.19 per share.

A move to $81.00 would account for a 12.2% increase from the current share price.

About Logitech International

Logitech International SA is a Switzerland-based provider of personal computer and mobile accessories for navigation, video communication, and collaboration, smart home, and other applications. Its product portfolio includes mice, keyboards, charging stands, tablet cases, car mounts for mobile devices, remotes, home cameras, home switches, controllers, bluetooth speakers, surround sound, webcams, and conference cameras. It operates in a single segment namely, Peripherals. The firm generates revenue from the Americas, EMEA (Europe, Middle East, Africa), and the Asia Pacific region.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.