Goldman Sachs Downgrades Logitech International (LOGI) to Sell

September 20, 2011 7:29 AM EDT
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Price: $103.09 -1.38%

Rating Summary:
    8 Buy, 10 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs downgraded Logitech International (NASDAQ: LOGI) to Sell.

The firm states, "We remain concerned about turnaround potential in Logitech’s core legacy PC peripherals business and see continued risks for Google TV related revenue streams, putting company guidance at risk."

For more ratings news on Logitech International click here and for the rating history of Logitech International click here.

Shares of Logitech International closed at $9.32 yesterday.


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