Wedbush analyst Michael Pachter raised the firm’s price target on Corsair Gaming (CRSR) to $8 from $7 and keeps an Outperform rating on the shares. The firm notes the company Corsair reported better than expected top and bottom-line results with performance driven by its advantaged position in memory and initiatives in gamer and creative peripherals. If the company can maintain inventory advantages, Wedbush believes it can easily surpass its outlook.
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