Stock Track | Logitech International SA Plunges 5.74% After Morgan Stanley Downgrade and Target Price Cut

Stock Track

01/20

Logitech International SA (LOGI) experienced a significant intraday plunge of 5.74%, reflecting investor concerns following a downgrade by Morgan Stanley.

The downgrade from "Equal Weight" to "Underweight" and the reduction in the target price from $107 to $89 by Morgan Stanley has negatively impacted market sentiment, leading to a sharp decline in the stock's value.

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