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Corsair Gaming price target lowered to $10 from $12 at Craig-Hallum

Craig-Hallum lowered the firm’s price target on Corsair Gaming (CRSR) to $10 from $12 and keeps a Buy rating on the shares. The firm believes Corsair has long-term potential given the GPU refresh cycle and gaming accessory refreshes from big title game launches, but Craig-Hallum notes near-term consumer spending uncertainty and memory price increases are impacting the FY25 guide.

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