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Fly News Breaks for October 27, 2016
LOGI
Oct 27, 2016 | 07:24 EDT
Brean Capital analyst Ananda Baruah raised his price target on Logitech to $35 from $30 following its Q2 earnings report. The analyst feels the company will be able to raise its long-term forecast with normalized earnings in the range of $1.50-$2.00 versus the $1.50 when they initiated the shares two days ago. Baruah reiterated his Buy rating on Logitech shares.
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