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Corsair Gaming price target raised to $10 from $8 at Craig-Hallum

Craig-Hallum analyst Tony Stoss raised the firm’s price target on Corsair Gaming (CRSR) to $10 from $8 and keeps a Buy rating on the shares. The firm highlights expected memory price increases to be a near-term catalyst for Corsair as they held lower cost inventory. Craig-Hallum also notes that during the quarter the company reported stronger gross margins, driven by memory.

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