Mizuho Securities analyst Vijay Rakesh maintained a Buy rating on Xilinx Inc (XLNX) yesterday and set a price target of $135. The company’s shares closed yesterday at $117.49.
According to TipRanks.com, Rakesh is a top 100 analyst with an average return of 20.1% and a 62.5% success rate. Rakesh covers the Consumer Goods sector, focusing on stocks such as Skyworks Solutions, Intel Corporation, and Texas Instruments.
Currently, the analyst consensus on Xilinx Inc is a Moderate Buy with an average price target of $128.47.
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The company has a one-year high of $141.60 and a one-year low of $66.35. Currently, Xilinx Inc has an average volume of 4.39M.
Based on the recent corporate insider activity of 53 insiders, corporate insider sentiment is negative on the stock.
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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.
