Xilinx (XLNX) Receives a Hold from Wells Fargo


Wells Fargo analyst Aaron Rakers maintained a Hold rating on Xilinx (XLNX) today and set a price target of $80.00. The company’s shares closed last Monday at $73.75, close to its 52-week low of $67.68.

According to TipRanks.com, Rakers is a 5-star analyst with an average return of 12.7% and a 58.4% success rate. Rakers covers the Consumer Goods sector, focusing on stocks such as Applied Materials, Western Digital, and Seagate Tech.

Xilinx has an analyst consensus of Moderate Buy, with a price target consensus of $98.93, implying a 27.5% upside from current levels. In a report issued on March 16, SunTrust Robinson also maintained a Hold rating on the stock with a $82.00 price target.

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The company has a one-year high of $141.60 and a one-year low of $67.68. Currently, Xilinx has an average volume of 3.83M.

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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.

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