Stifel Maintains Buy on Power Integrations, Raises Price Target to $110
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a 'Buy' rating on Power Integrations (NASDAQ:POWI) and raises the price target from $95 to $110.
July 20, 2023 | 4:29 pm
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POSITIVE IMPACT
Stifel analyst maintains a 'Buy' rating on Power Integrations and raises the price target from $95 to $110, which could lead to a positive market reaction.
The raised price target by Stifel analyst indicates a positive outlook for Power Integrations. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100