April 29- Logitech International SA:. *Credit Suisse cuts target price to Sfr 5 from Sfr 5.40. Reuters Station users, click. 1580.
April 26- Logitech International SA:. *Helvea cuts price target to Sfr 6 from Sfr 6.5. Reuters Station users, click. 1580.
*UBS cuts price target to Sfr 6.50 from Sfr 7; rating neutral. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580 (; ().
Stocks rose, boosted by gains in shares of materials companies, including iron ore producer Cliffs Natural Resources, and by a drop in weekly jobless claims. **IMPERIAL OIL LTD, $39.78, up 1.6 pct.
Stocks rose, boosted by gains in shares of materials companies, including iron ore producer Cliffs Natural Resources, and by a drop in weekly jobless claims. **IMPERIAL OIL LTD, $39.78, up 1.6 pct.
*Logitech International: JP Morgan cuts target price to $6.50 from. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
Shares in Logitech International fall over 7 percent to their lowest level since early March after the world's biggest producer of computer mice reports a 12 percent drop in sales in the fourth quarter. The fall comes as the Logitech CEO says he will keep videoconferencing unit LifeSize following a strategic review.
Swiss dental implant maker Nobel Biocare Holding AG. For related news, click on LOGITECH INTERNATIONAL. Logitech International said on Thursday it will keep its videoconferencing after a strategic review, focusing mainly on the small to medium sized companies market, adding the unit could produce a positive core earnings this year.
European shares closed higher Thursday, with the market taking direction from an opening rise on Wall Street where the S&P 500 hit the 1,500 mark for the first time since December 2007.
*Logitech not doing enough to break into tablet market-analysts. Founded in a farmhouse near the small Swiss town of Romanel-sur-Morges in 1981, Logitech's star rose rapidly in the 1980 s when it marketed the first modern computer mouse, developed at the nearby Swiss Federal Institute of Technology in Lausanne.