POWER INTGRATIO (POWI) Downgraded by Zacks to UNDERPERFORM

Zacks Zacks Investment Research downgraded shares of POWER INTGRATIO (POWI) from NEUTRAL to UNDERPERFORM on August 13, 2012, with a target price of $31.90.

Power Integrations, Inc. designs, develops, manufactures and markets proprietary, high-voltage, analog integrated circuits for use primarily in alternating current to direct current power conversion. The company has targeted high-volume power supply markets including: the cellular telephone market, the personal computer market, the cable and direct broadcast satellite decoder box market, and various other consumer and industrial electronics markets.

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