Short Term Rating on Xilinx (XLNX)

Xilinx (XLNX) : 17 analysts are covering Xilinx (XLNX) and their average rating on the stock is 2.47, which is read as a Buy. 5 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 11 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

Xilinx (XLNX) stock is expected to deviate a maximum of $5.5 from the average target price of $48.47 for the short term period. 15 Street Experts have initiated coverage on the stock with the most promising target being $60 and the most muted being $42.

Company shares have received an average consensus rating of Hold for the current week


Xilinx (NASDAQ:XLNX): During Tuesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $47.32 and $47.12 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $47.63. The buying momentum continued till the end and the stock did not give up its gains. It closed at $47.48, notching a gain of 0.55% for the day. The total traded volume was 1,703,701 . The stock had closed at $47.22 on the previous day.

Xilinx, Inc. (Xilinx) designs and develops programmable devices and associated technologies. The Companys programmable devices and associated technologies include integrated circuits (IC) in the form of programmable logic devices (PLD); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and third-party verification and IP cores. The Company provides design services, customer training, field engineering and technical support. Its PLDs include field programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs), programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs). Its product portfolio is designed to provide integration for electronic equipment manufacturers in end markets, such as wired and wireless communications, industrial, scientific and medical, aerospace and defense, audio, video and broadcast, consumer, automotive, and test and measurement.

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