Power Integrations (POWI) Tops Q4 EPS by 2c; Q1 Revs Below View
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Power Integrations (POWI) PT Lowered to $75 at Susquehanna
February 2, 2018 7:57 AM ESTSusquehanna lowered its price target on Power Integrations (NASDAQ: POWI) to $75.00 (from $80.00) while maintaining a Neutral rating.
Analyst Chris Rolland commented, "Disappointing results and guidance as China smartphone weakness and growing disty inventory weigh. We wait for evidence of materializing catalysts in 2H18."
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