Turtle Beach upgraded to Outperform from Perform at Oppenheimer

Oppenheimer upgraded Turtle Beach to Outperform from Perform with a $17 price target. The company outperformed Q2 revenue and adjusted EBITDA expectations and margins expanded, the analyst tells investors in a research note. The firm believes Turtle Beach is well positioned for share gains and profitable growth at the beginning of a new gaming accessory cycle.

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