Xilinx (XLNX) Tops Q2 EPS by 6c; Sees Q3 Sales Flat Sequentially

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Xilinx (XLNX) PT Bumped to $45 at Nomura, Remains Sidelined

October 20, 2016 7:36 AM EDT

Nomura Securities analyst Romit Shah raised his price target on Neutral-rated Xilinx (NASDAQ: XLNX) to $45.00 (from $41.00) following results.

Shah commented, "Xilinx's F2Q17 results and F3Q17 guidance beat our estimates. While long-term growth drivers remain intact (5G rollout, Datacenter, Auto),... More