Wedbush analyst Michael Pachter downgraded Corsair Gaming to Neutral from Outperform with an unchanged price target of $17. Shares have run up to the firm’s price target, the company is poised to deliver a "tough holiday quarter report" on Thursday, February 9 and will likely issue "conservative" Q1 guidance, and there are few catalysts that could drive shares meaningfully higher in the near-term, the analyst tells investors.
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