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Logitech: UBS upgrades stock

( - UBS has upgraded its rating on the shares of the computer peripherals supplier Logitech from "neutral" to "buy", despite cutting its target price for them from 81 Swiss francs to 73 Swiss francs, which still represents upside potential of 24%.

"Sales impacted but not falling off a cliff," the broker summarised, also pointing to "strong cash flow prospects", which it said were not reflected in the share's price.

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