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Fly News Breaks for October 15, 2019
LOGI
Oct 15, 2019 | 08:21 EDT
DA Davidson analyst Tom Forte is keeping his Buy rating and $58 price target on Logitech ahead of its Q2 results next Monday, saying investors should be buying the stock going into the release. The analyst is positive on the company showing continued progress in its video collaboration efforts and also anticipates the quarter to demonstrate a rebound in its gaming business. Forte adds that he will look for an update from Logitech management about its trade tariff mitigation strategy.
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