Power Integrations (POWI) Tops Q4 EPS by 7c; offers guidance

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Go back to Power Integrations (POWI) Tops Q4 EPS by 7c; offers guidance

Northland Downgrades Power Integrations (POWI) to Underperform

February 12, 2024 6:47 AM EST

Northland 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