Stifel Securities has trimmed its price target for Power Integrations (ticker: PWR) in light of mounting concerns about consumer spending. The brokerage cited weaker-than-expected retail sales and a slowdown in discretionary demand as key factors driving the downgrade. While the exact new target figure was not disclosed, analysts note that the cut reflects a broader reassessment of the company’s growth prospects in a softer consumer environment. Investors will be watching closely to see how the market reacts to the revised outlook and whether Power Integrations can offset the headwinds with operational improvements and new product launches.