Nomura Securities Maintains a 'Neutral' on Xilinx (XLNX); Q4 Preview
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Price: $194.92 --0%
Rating Summary:
7 Buy, 28 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
7 Buy, 28 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Nomura Securities maintains a 'Neutral' on Xilinx (NASDAQ: XLNX) price target of $38.00.
Analyst, Romit Shah, said, "We believe Xilinx is likely to report F4Q (March-qtr) revenue/EPS in line with our estimate of $532mn (up 4% q/q) and $0.40. Xilinx guided March-qtr revenue up 2-6% on flattish wireline and sequentially up wireless revenue (together comprise 44% of sales)."
"While Xilinx benefits from a larger exposure to North America where carrier trends are relatively better, the overall spending environment is subdued. Juniper (Nasdaq: JNPR) and Cavium (Nasdaq: CAVM) indicated that carrier is weak, and Alcatel-Lucent (NYSE: ALU) highlighted softness in Europe and China."
For an analyst ratings summary and ratings history on Xilinx click here. For more ratings news on Xilinx click here.
Shares of Xilinx closed at $35.20 yesterday.
Analyst, Romit Shah, said, "We believe Xilinx is likely to report F4Q (March-qtr) revenue/EPS in line with our estimate of $532mn (up 4% q/q) and $0.40. Xilinx guided March-qtr revenue up 2-6% on flattish wireline and sequentially up wireless revenue (together comprise 44% of sales)."
"While Xilinx benefits from a larger exposure to North America where carrier trends are relatively better, the overall spending environment is subdued. Juniper (Nasdaq: JNPR) and Cavium (Nasdaq: CAVM) indicated that carrier is weak, and Alcatel-Lucent (NYSE: ALU) highlighted softness in Europe and China."
For an analyst ratings summary and ratings history on Xilinx click here. For more ratings news on Xilinx click here.
Shares of Xilinx closed at $35.20 yesterday.
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