Stifel Maintains Buy on Power Integrations, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg maintains a 'Buy' rating on Power Integrations (NASDAQ:POWI) but has lowered the price target from $105 to $90.
November 08, 2023 | 9:13 pm
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NEUTRAL IMPACT
Stifel maintains a 'Buy' rating on Power Integrations but lowers the price target from $105 to $90.
The news is directly related to Power Integrations (POWI). While the 'Buy' rating is maintained, the lowering of the price target from $105 to $90 by Stifel might create a mixed sentiment among investors. This could potentially lead to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100