Benchmark Maintains Buy on Power Integrations, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst David Williams maintains a Buy rating on Power Integrations (NASDAQ:POWI) and raises the price target from $80 to $90.
February 09, 2024 | 7:31 pm
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Benchmark analyst David Williams maintains a Buy rating on Power Integrations and raises the price target from $80 to $90.
The increase in the price target by Benchmark analyst David Williams from $80 to $90, while maintaining a Buy rating, suggests a positive outlook on Power Integrations' stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100