Softened IT spending due to ongoing macroeconomic uncertainties and geopolitical issues is expected to hurt Logitech's (LOGI) fourth-quarter fiscal 2024 performance.
LAUSANNE, Switzerland & SAN JOSE, Calif., April 17, 2024--Today, Logitech (SIX: LOGN) (NASDAQ: LOGI) launched a free new tool that helps you prompt Open AI’s ChatGPT faster and more fluently while staying in the flow of your work. Logi AI Prompt Builder is a software window that pops up via the Logi Options+ app at the touch of a button, transforming your Logitech keyboard and mouse into a shortcut to the limitless power of AI.
Morgan Stanley analyst Erik Woodring downgraded shares of computer-peripherals firm Logitech to Underweight from Equal Weight.