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Corsair Gaming price target raised to $13 from $9 at TD Cowen

TD Cowen raised the firm’s price target on Corsair Gaming (CRSR) to $13 from $9 and keeps a Hold rating on the shares. The firm said they reported Q4 results that were above consensus on revenue and EBITDA with some mix shift to higher-margin components. Initial FY25 guidance came in slightly above consensus as management expects growth in components and systems due to release of new GPUs.

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