Deutsche Bank analyst Robert Sanders initiated coverage of Logitech International SA with a Buy rating and CHF 92 price target, implying 23 percent upside to December 10, 2021 closing price of CHF 74.82.
With the shares down 40 percent since June, investors “appear to have lost faith” in Logitech’s ability to grow sustainably following the Covid boom year of fiscal 2021, Sanders tells investors in a research note.
