Logitech (LOGI) tumbles as CEO steps down
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/3/2026
- Wall St starts the month strong as Mideast deal hopes rise
- Fed's Williams says rate hikes possible if inflation persists
- Citi says buy these 3 chip stocks on pullback
- Microsoft joins, Broadcom exits Goldman's top-stocks list
- Deutsche Bank raises S&P 500 earnings estimates on the back of the solid Q2 beats
- Microsoft joins, Broadcom exits Goldman's top-stocks list
- Morgan Stanley Downgrades Circle Internet Group (CRCL) to Underweight
- Citi says buy these 3 chip stocks on pullback
- Wall St starts the month strong as Mideast deal hopes rise
- Bernstein raises server shipment forecast as AI infrastructure spending grows
- After-Hours Stock Movers: AAPL, AMZN, COIN, RBLX, RDDT, AXTI, FND, WU, GDDY
- After-Hours Stock Movers: META, MSFT, CMG, SBUX, CVNA, LRCX, FTNT, QCOM, TDOC
- After-Hours Stock Movers: F, BE, STX, WDC, KLAC, SWKS, NXPI, CSGP, ENPH
- After-Hours Stock Movers: FFIV, CDNS, APLD, RMBS, ESI, SANM
- After-Hours Stock Movers: INTC, AMD, ARM, MXL, EW, DECK
Citi Downgrades Logitech International (LOGI) to Neutral, 'Unexpected CEO Departure'
June 14, 2023 6:23 AM EDTCiti analyst Asiya Merchant downgraded Logitech International (NASDAQ: LOGI) from Buy to Neutral with a price target of $70.00 (from $73.00).
The analyst comments "After the close on June 13th, Logitech announced its president and CEO, Bracken Darrell, is immediately departing for an outside opportunity,... More
Logitech (LOGI) Announces CEO Departure
June 13, 2023 4:11 PM EDTLogitech International (SIX: LOGN) (Nasdaq: LOGI) announced today that Bracken Darrell, president and chief executive officer (CEO), will be departing the Company to pursue another opportunity. Darrells resignation as president, CEO, and as a member of Logitechs board of directors is effective today, but he will remain with the company over the coming month to ensure a seamless transition. In line with the board's established succession planning process, board member Guy Gecht will step into the role of interim CEO while a global search of internal and... More
