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Logitech shares volatile after Q3, analysts concerned over PC market

Updates share move, adds Vontobel comments

** Shares in Logitech LOGN.S are up 0.6% despite a previous fall of around 4.5% after the company posted Q3 results on Tuesday

** The computer peripherals maker reported its best quarterly earnings since the pandemic

** However, analysts at Zuercher Kantonalbank say the potential weakness of the PC market next year remains a major question mark

** "Given the course of yesterday's webcast and the uncertain outlook regarding the video collaboration segment and the PC market, it is very difficult to predict how the stock market will react today," - ZKB

** They say uncertainty has increased for the firm, despite strong results

** The stock was halted and resumed trading at 8:23 GMT

** Concerns around the PC market are exaggerated as the correlation between PC sales and Logitech peripherals sales are historically rather low, analysts at Vontobel say

** The results reflect strong execution by the firm and excellent profitability, Vontobel adds

 (Reporting by Paolo Laudani in Gdansk)

 ((Paolo.laudani@thomsonreuters.com))

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