Turtle Beach (HEAR) Misses Q4 EPS by 7c

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Turtle Beach (HEAR) PT, Estimates Lowered at Needham & Company; Top Rating Maintained

March 18, 2015 1:12 PM EDT

Needham & Company analyst Sean McGowan lowered estimates and his price target on Turtle Beach Corporation (NASDAQ: HEAR) to $7.00 (from $8.00) but maintained a Strong Buy rating.

McGowan commented, "HEAR's 4Q results were in line with our recently lowered expectations. As expected, however, several factors lead us... More