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POWI: Benchmark Raises Price Target, Maintains Buy Rating | POWI Stock News
Benchmark has increased its price target for Power Integrations (POWI) to $65.00 from $55.00, while maintaining a ‘Buy’ rating, reflecting continued analyst confidence in the company’s market performance. This adjustment is part of a consistent bullish sentiment from analysts, with various firms reiterating ‘Buy’ or ‘Positive’ ratings and adjusting price targets upwards over recent months. Power Integrations designs and markets analog and mixed-signal integrated circuits for high-voltage power conversion, with a strong revenue generation from China and Hong Kong.