Susquehanna Maintains Positive on Power Integrations, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland maintains a positive outlook on Power Integrations (NASDAQ:POWI), but has lowered the price target from $90 to $80.

November 08, 2023 | 8:44 pm
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NEUTRAL IMPACT
Despite a lowered price target from $90 to $80, Susquehanna analyst Christopher Rolland maintains a positive outlook on Power Integrations.
The news is directly related to Power Integrations. While the lowering of the price target might initially seem negative, the maintained positive outlook by the analyst indicates continued confidence in the company's performance. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100