Power Integrations price target lowered to $95 from $100 at Susquehanna

Susquehanna lowered the firm’s price target on Power Integrations to $95 from $100 and keeps a Positive rating on the shares. The firm previewed the upcoming earnings cycle which they expect broad-based headwinds, although uneven as different markets/companies are at different sections of the downcycle.The firm selectively changed its estimates and price targets on names in their coverage universe.