Logitech price target raised to $99 from $93 at JPMorgan

JPMorgan raised the firm’s price target on Logitech (LOGI) to $99 from $93 and keeps a Neutral rating on the shares. The firm also placed the shares on “Positive Catalyst Watch” into earnings. JPMorgan expects Logitech to beat fiscal Q3 revenue and earnings expectations led by a “more resilient” sell-through than embedded in the guidance, and raised full-year expectations for revenue and earnings to account for the beat.