Corsair Gaming price target lowered to $7.50 from $9 at B. Riley

B. Riley analyst Drew Crum lowered the firm’s price target on Corsair Gaming (CRSR) to $7.50 from $9 and keeps a Neutral rating on the shares. Analysis of the CY26 console and PC game slate indicates that strong releases, led by Grand Theft Auto VI, along with contributions from Nintendo’s (NTDOY) Switch 2 and a rebound in free-to-play mobile, position the industry for modest global growth, with consumer spending projected up 3% year-over-year, the analyst tells investors in a research note.