Power Integrations downgraded at Northland on consumer products exposure

As previously reported, Northland downgraded Power Integrations (POWI) to Market Perform from Outperform with a $46 price target Power Integrations has high exposure to consumer products that are more likely to experience supply disruptions than higher-value, higher-margin AI-related infrastructure, notes the analyst, who believes supply disruption from the war will likely have a bigger impact on the company’s revenue than on less consumer-exposed semiconductor companies.