Xilinx (XLNX) Tops Q2 EPS by 2c, Miss on Revenues; Offers 3Q18 Revenue Outlook

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Go back to Xilinx (XLNX) Tops Q2 EPS by 2c, Miss on Revenues; Offers 3Q18 Revenue Outlook

Xilinx (XLNX) PT Raised to $80 at Jefferies Following Earnings Release

October 26, 2017 8:30 AM EDT

Jefferies raised its price target on Xilinx (NASDAQ: XLNX) to $80.00 (from $78.00) while maintaining a Buy rating following the company's 2Q earnings release. XLNX reported beat & raise earnings, yet its stock traded off ~4%, suggesting sentiment was too positive. Analyst Mark Lipacis sees no... More