Xilinx Inc (XLNX) Receives a Buy from Rosenblatt Securities


In a report released today, Hans Mosesmann from Rosenblatt Securities maintained a Buy rating on Xilinx Inc (XLNX), with a price target of $165.00. The company’s shares closed last Monday at $91.79.

According to TipRanks.com, Mosesmann is a 5-star analyst with an average return of 12.0% and a 58.1% success rate. Mosesmann covers the Consumer Goods sector, focusing on stocks such as Intel Corporation, Texas Instruments, and Lattice Semicon.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xilinx Inc with a $129.13 average price target, which is a 36.9% upside from current levels. In a report issued on September 23, Robert W. Baird also maintained a Buy rating on the stock with a $110.00 price target.

See today’s analyst top recommended stocks >>

Xilinx Inc’s market cap is currently $24.22B and has a P/E ratio of 26.25. The company has a Price to Book ratio of 9.21.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of XLNX in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Xilinx, Inc. engages in the design and development of programmable logic semiconductor devices and the related software design tools. It also provides design services, customer training, field engineering, and technical support.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts