Northland Capital Markets Downgrades Power Integrations to Market Perform, Announces $82 Price Target
Portfolio Pulse from richadhand@benzinga.com
Northland Capital Markets analyst Gus Richard has downgraded Power Integrations (NASDAQ:POWI) from Outperform to Market Perform and set a price target of $82.
July 17, 2023 | 1:31 pm
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Power Integrations has been downgraded by Northland Capital Markets from Outperform to Market Perform with a price target of $82.
The downgrade from Outperform to Market Perform by Northland Capital Markets indicates a less optimistic outlook for Power Integrations. This could potentially lead to a decrease in the stock's price in the short term. The price target of $82 provides a benchmark for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100