Wedbush analyst Alicia Reese raised the firm’s price target on Logitech (LOGI) to $100 from $88 and keeps a Neutral rating on the shares. After various headwinds and currency pressure in FY23, trends inflected for Logitech in late FY24, the firm says. The first half of 2025 saw a substantial lift, driven by increased sell-in as Logitech re-stocked light retail shelves. Logitech cleared what Wedbush had viewed as conservative FY25 guidance with strong holiday sales and raised its guidance with one quarter remaining. Logitech has not yet updated its medium-term guidance for mid-single-digit organic revenue growth plus M&A. The firm expects an update at Logitech’s March analyst/investor day.
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