4 Analysts Have This to Say About Power Integrations
Portfolio Pulse from Benzinga Insights
Power Integrations (NASDAQ:POWI) has received analyst ratings from 4 analysts in the last quarter, with 1 bullish and 3 somewhat bullish ratings. The 12-month average price target for POWI is $90.0, with a high of $100.00 and a low of $80.00. This average has decreased by 4.0% from the previous target of $93.75. Analyst ratings are opinions on stock performance and are updated quarterly.
December 18, 2023 | 12:00 pm
News sentiment analysis
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NEUTRAL IMPACT
Power Integrations has an updated average price target of $90, with recent analyst ratings being mostly positive. The target reflects a 4% decrease from the previous average.
The short-term impact on POWI's stock price is likely to be neutral to slightly positive. While the average price target has decreased, indicating a potential downside, the majority of analysts are still somewhat bullish, which could balance the sentiment. The decrease in the target price might have already been priced in, as the market reacts to these forecasts over time. The confidence level is high due to the clear consensus among analysts and the recent nature of the ratings.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100