Turtle Beach (HEAR) Tops Q1 EPS by 3c; Guides Higher

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Turtle Beach Corporation (HEAR) PT Lowered to $40 at Oppenheimer

May 6, 2021 6:45 AM EDT

Oppenheimer analyst Andrew Uerkwitz lowered the price target on Turtle Beach Corporation (NASDAQ: HEAR) to $40.00 (from $43.00) while maintaining an Outperform rating.

The analyst commented, "HEAR reported better-than-expected 1Q21 results and 2Q21/2021 guidance. 2021 revenue guidance implies 7% Y/Y growth, up from 3%. Adj. EBITDA... More