Susquehanna Maintains Positive on Power Integrations, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland has maintained a positive rating on Power Integrations (NASDAQ:POWI) but lowered the price target from $100 to $90.
October 24, 2023 | 3:21 pm
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NEUTRAL IMPACT
Despite a lowered price target from $100 to $90, Susquehanna maintains a positive outlook on Power Integrations.
The news directly pertains to Power Integrations (POWI). While the lowering of the price target might initially seem negative, the maintained positive rating indicates that the analyst still sees potential in the company. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100