Microsoft’s Windows 11 Update Woes Deepen as Emergency Patch Rolls Out
Windows 11 Update Triggers Widespread System Instability Microsoft finds itself in a challenging position as the company scrambles to address…
Tag: Peripheral
Logitech Stock Upgrade: Citi Sees 23% Upside from Return-to-Office and Gaming Demand
Citi has upgraded Logitech from Neutral to Buy, forecasting 23% upside driven by return-to-office trends and robust gaming demand. The bank highlights Logitech’s consistent gross margins above 40% and pricing power as key strengths.
Citi has issued a bullish upgrade for Logitech stock, shifting its rating from Neutral to Buy with a $130 price target that implies over 23% upside potential. The upgrade, announced in a Wednesday note from Citigroup analysts, cites improving peripheral demand driven by return-to-office mandates and sustained strength in gaming. This positive outlook comes despite Logitech shares already surging 27% year-to-date, with the stock facing a 4% decline this quarter amid consensus Hold ratings on Wall Street.