Barclays raised the firm’s price target on Corsair Gaming (CRSR) to $12 from $10 and keeps an Overweight rating on the shares. The company beat estimates on better margins and double-digit Components and Systems growth, the analyst tells investors in a research note. The firm says market adoption of Corsair’s new products has been positive.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRSR: