Power Integrations price target lowered to $50 from $55 at Susquehanna

Susquehanna lowered the firm’s price target on Power Integrations (POWI) to $50 from $55 and keeps a Positive rating on the shares. The firm said they reported generally in-line results, but worse guidance as Consumer is expected to be far weaker given appliance pull-ins earlier this year. Consumer was worse than expected, as tariff pull-ins appear to be more painful than previously expected.