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Zacks Investment Research downgraded Power Integrations Inc (NASDAQ:POWI) to Hold in a report released today.

Just yesterday Power Integrations Inc (NASDAQ:POWI) traded 2.45% higher at $61.44. Power Integrations Inc’s 50-day moving average is $59.18 and its 200-day moving average is $52.51. The last stock price is up 20.03% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 160,068 shares of POWI traded hands, up from an average trading volume of 136,644

Zacks Investment Research has downgraded Power Integrations Inc (NASDAQ:POWI) to Hold in a report released on Thursday September 29, 2016.

Previously on 7/30/2015, Northland Capital released a statement about Power Integrations Inc (NASDAQ:POWI) reduced the target price from $60.00 to $56.00. At the time, this indicated a possible upside of 0%.

Recent Performance Chart

Power Integrations Inc (NASDAQ:POWI)

Power Integrations Inc has 52 week low of $39.53 and a 52 week high of $63.26 with a PE ratio of 41.91 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 3 brokerages have issued a ratings update on the company. The average stock price target is $55.67 with 2 brokerages rating the stock a strong buy, 2 brokerages rating the stock a buy, 1 brokerage rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Power Integrations Inc (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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