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Logitech (LOGI) drops 3.9% after Goldman's Simon Schafer downgrades the PC peripherals and...

Logitech (LOGI) drops 3.9% after Goldman's Simon Schafer downgrades the PC peripherals and electronics gear vendor to Sell, believing a weak consumer spending environment will hurt sales. Schafer thinks Logitech's FY12 forecast is too optimistic, and is also worried about challenges related to its CEO transition.
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Comments (1)
  • Neil459
    , contributor
    Comments (2644) | Send Message
     
    Not that it matters, but we have switched all of our remotes from Logitech to iPad. We were tired of replacing the remotes every 2 years because the buttons wore out. I'm pretty sure they don't see that trend.
    20 Sep 2011, 10:10 AM Reply Like
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