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Fly News Breaks for May 9, 2019
HEAR
May 9, 2019 | 09:26 EDT
DA Davidson analyst Tom Forte raised his price target on Turtle Beach to $26 and kept his Buy rating, saying the company's Q1 revenue and earnings beat were "extremely" encouraging. The analyst anticipated further sales upside for FY19 to come from more gaming publishers releasing "freemium" titles and a faster refresh cycle for Turtle Beach gaming accessory products.
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