BMO Cuts Power Integrations (POWI) to Market Perform, Maintains $37 Price Target

November 30, 2010 5:41 PM EST Send to a Friend
Get Alerts POWI Hot Sheet
Price: $43.93 +0.55%

Rating Summary:
    3 Buy, 6 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 21 | Down: 24 | New: 29
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An analyst at BMO Capital downgraded shares of Power Integrations (NASDAQ: POWI) from Outperform to Market Perform this afternoon. The firm maintained a $37 price target on the stock.

With POWI shares closing at $40.29 today, BMO's price target, despite the neutral rating, suggests possible downside of about 8%.

For more ratings news on Power Integrations click here and for the rating history of Power Integrations click here.


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