TD Cowen Maintains Hold on Power Integrations, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Matthew Ramsay maintains a Hold rating on Power Integrations (NASDAQ:POWI) and lowers the price target from $80 to $70.
August 07, 2024 | 9:25 pm
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TD Cowen analyst Matthew Ramsay maintains a Hold rating on Power Integrations and lowers the price target from $80 to $70.
The lowered price target from $80 to $70 suggests a less optimistic outlook for Power Integrations, which could negatively impact investor sentiment and short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100