Stifel Reiterates Buy on Power Integrations, Lowers Price Target to $95
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Tore Svanberg has reiterated a Buy rating on Power Integrations (NASDAQ:POWI) but has lowered the price target from $100 to $95.
August 05, 2024 | 1:30 pm
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Stifel analyst Tore Svanberg has reiterated a Buy rating on Power Integrations (NASDAQ:POWI) but has lowered the price target from $100 to $95.
The reiteration of a Buy rating is positive, but the lowered price target may temper investor enthusiasm. Overall, the impact is neutral as the positive rating balances the slightly negative price target adjustment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100