UPDATE: Deutsche Bank Downgrades Power Integrations to Hold on Valuation
February 11, 2013 at 07:54 AM EST
Deutsche Bank downgraded Power Integrations (NASDAQ: POWI ) from Buy to Hold and maintained its $45.00 price target. Deutsche Bank noted, "We are downgrading POWI from a Buy to a Hold rating as the shares have significantly outperformed recently, nearly reached our price target and now carry a valuation