Stifel disclosed Power Integrations (NASDAQ:POWI), boosting its price target to $70.00 earlier today
- Updated: October 12, 2016
Having a price of $61.97, Power Integrations (NASDAQ:POWI) traded -0.89% lower on the day. With the last stock price up 15.16% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. POWI has recorded a 50-day average of $60.53 and a two hundred day average of $53.34. Trade Volume was down over the average, with 6,190 shares of POWI changing hands under the typical 147,246
Reporting a potential upside of 0.13%, Stifel upped the price target of Power Integrations (NASDAQ:POWI) to $70.00
Recent Performance Chart
Power Integrations has PE ratio of 40.84 with a one year low of $39.53 and a one year high of $64.73 and has a market capitalization of $0.
A total of 3 brokerages have issued a ratings update on Power Integrations. Two brokerages rating the company a strong buy, two brokerages rating the company a buy, one brokerage rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $55.67.
General Company Details For Power Integrations (NASDAQ:POWI)
Power Integrations, Inc. designs, develops and markets analog and mixed-signal integrated circuits (ICs) and other electronic components and circuitry used in high-voltage power conversion. The Company's products are used in power converters that convert electricity from a high-voltage source to the type of power required for downstream use. Its alternating current (AC)-direct current (DC) power conversion products are TinySwitch, LinkSwitch and Hiper families. Its Insulated-gate bipolar transistor drivers products are the SCALE and SCALE-2 product-families. Its High-voltage DC-DC products are DPA-Switch family, which is monolithic high-voltage DC-DC power conversion IC designed for use in distributed power architectures. Its power supplies are used with electronic products, including mobile phones, computers, electronic utility meters, industrial controls and light emitting diodes lights. It sells products to original equipment manufacturers and merchant power supply manufacturers.
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