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Logitech placed on ‘Positive Catalyst Watch’ at JPMorgan
The Fly

Logitech placed on ‘Positive Catalyst Watch’ at JPMorgan

JPMorgan analyst Samik Chatterjee placed Logitech (LOGI) on “Positive Catalyst Watch” into earnings. The firm expects “resilience” in sell-through of Peripherals and Gaming demand to drive upside to current revenue expectations for the second half of the fiscal year. This should further help Logitech towards gross margin upsides as well, leading to positive earnings revisions for the company, the analyst tells investors in a research note. JPMorgan keeps a Neutral rating on the shares.

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