Susquehanna Maintains Positive on Power Integrations, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Christopher Rolland has maintained a Positive rating on Power Integrations (NASDAQ:POWI) and increased the price target from $80 to $100.
December 18, 2023 | 11:55 am
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POSITIVE IMPACT
Susquehanna analyst reaffirms a Positive rating on Power Integrations and raises the price target to $100, indicating a bullish outlook.
The increase in price target by a reputable analyst typically signals a strong conviction in the company's future performance and can lead to increased investor confidence, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100