Logitech International SA (Symbol: LOGI) shares recently traded at $62.55, surpassing the average 12-month target price of $62.50 set by analysts. This shift prompts investors to evaluate whether the stock is on its way to even higher valuations or if it’s time to consider taking profits.
Currently, the Zacks coverage for Logitech includes eight different analyst targets with a standard deviation of $10.849. Targets range from a low of $39.00 to a high of $73.00. Recent ratings show seven strong buy recommendations, one hold, and one strong sell, leading to an average rating of 1.67, where 1 indicates strong buy and 5 indicates strong sell.
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