Xilinx Rises on Upgrade to Buy From Nomura Instinet [TheStreet.com]
Xilinx, Inc. (XLNX)
Last xilinx, inc. earnings: 4/22 04:20 pm
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Source: TheStreet.com
Xilinx Rises on Upgrade to Buy From Nomura Instinet Xilinx ( XLNX Get Report Wong's price target of $115 was unchanged. Shares of Xilinx closed Friday at $96.22 and were rising 1.43% in premarket trading to $97.60. The stock has gained 13% year to date. The average price for Xilinx on Wall Street is $122.20, according to Bloomberg. Many risks remain for U.S. semiconductor companies, including uncertainties related to U.S.-China trade issues and U.S. action against Chinese companies such as Huawei, Wong said in a research note, The Fly Wong said Xilinx was growing even with Huawei constraints. The company also has gained meaningful market share from Intel's ( INTC
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