Logitech International (LOGI) PT Lowered to $96 at JPMorgan
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Go back to Logitech International (LOGI) PT Lowered to $96 at JPMorgan
March 6, 2025 6:00 PM EST
Morgan Stanley remains cautious on Logitech (NASDAQ: LOGI) following its 2025 Analyst Day, highlighting mixed signals from the companys updated guidance.
While the company raised its long-term revenue growth target to 7-10%, Morgan Stanley analysts believe the market may not reward it, given that FY26 revenue and operating income guidance fell short of expectations.
LOGI's near-term guide falls short of... More
March 5, 2025 6:37 PM EST
(Reuters) -Logitech International will buy back $2 billion worth of shares over the next three years, and will increase its current buyback program by $600 million, the computer parts maker said on Wednesday as it confirmed its 2025 outlook.
The company also forecast fiscal year 2026 sales to range from $4.53 billion to $4.71 billion, indicating potential growth in the range of 1% to 3% in U.S. dollars.
The Swiss-American... More
