Power Integrations (NASDAQ:POWI) reported quarterly earnings of $0.48 per share which beat the analyst consensus estimate of $0.46 by 4.35 percent. This is a 42.17 percent decrease over earnings of $0.83 per share from
Cowen & Co. analyst Karl Ackerman downgrades Power Integrations (NASDAQ:POWI) from Outperform to Market Perform and lowers the price target from $90 to $65.