Loop Capital analyst Cody Acree downgraded Power Integrations to Neutral and lowered his price target for the shares to $60 from $86. The analyst believes the company is well positioned across multiple markets, with the adoption of USB-PD likely to be a major driver in the second half of 2019. However, he says Power Integrations' near-term visibility is "extremely limited as to the degree that multiple factors are causing the company's weaker demand." The small order push-outs of Q2 turned into a broad slowdown, Acree tells investors in a research note following the company's Q3 results.