Power Integrations price target raised, added to Best Ideas list at Benchmark
Group 1 - Benchmark raised the price target on Power Integrations (POWI) to $55 from $50, maintaining a Buy rating on the shares [1] - The analyst added Power Integrations to the Benchmark Best Ideas list for 2026, indicating strong confidence in the company's future performance [1] - The new management team is perceived to bring a "more aggressive strategic vision," which is expected to drive share appreciation [1] Group 2 - Multiple catalysts for share appreciation are anticipated as the company emerges from an extended cyclical bottom [1] - The company's leverage to consumer markets is highlighted as a key factor contributing to potential growth [1]