Analyst describes Logitech’s (LOGI) Q3 performance as ‘impressive’

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DA Davidson analyst Tom Forte has praised the performance of computer accessories designer Logitech during Q3, saying their results were particularly impressive amid the ongoing tariffs, U.S. government shutdown and slower economic growth in China at the time. Forte said he was “encouraged by the company’s ability to shift its focus to high growth segments such as video collaboration and gaming.” He is keeping his Buy rating and $58 price target and is encouraging investors to buy shares.