Power Integrations (POWI) Tops Q4 EPS by 7c; offers guidance
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Northland Downgrades Power Integrations (POWI) to Underperform
February 12, 2024 6:47 AM ESTNorthland Capital Markets analyst Gus Richards downgraded Power Integrations (NASDAQ: POWI) from Market Perform to Underperform with a price target of $67.00.
The analyst comments "POWI faces significant headwinds. External USB PD chargers are increasingly being reused, reducing demand. Other designs using pin-forpin compatible... More
