Xilinx (XLNX) Tops Q4 EPS by 1c

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Xilinx (XLNX) PT Raised to $150 at Susquehanna

April 25, 2019 8:39 AM EDT

Susquehanna analyst Christopher Rolland raised the price target on Xilinx (NASDAQ: XLNX) to $150.00 (from $110.00) while maintaining a Positive rating.

Rolland commented, "We upgraded XLNX last fall on 5G and D.C. opportunities. While D.C was a bit disappointing, 5G... More

Needham & Company Downgrades Xilinx (XLNX) to Hold

April 25, 2019 7:35 AM EDT

Needham & Company analyst N. Quinn Bolton downgraded Xilinx (NASDAQ: XLNX) from Buy to Hold.

The analyst comments "XLNX's F4Q19 results were in-line to slightly better than Street estimates. However while F1Q20 revenue guidance was above Street consensus, GM guidance... More

Xilinx (XLNX) PT Raised to $160 at Rosenblatt

April 25, 2019 6:19 AM EDT

Rosenblatt analyst Hans Mosesmann raised the price target on Xilinx (NASDAQ: XLNX) to $160.00 (from $150.00) while maintaining a Buy rating.

The analyst commented, "Excellent execution and topline growth offset by lower than expected GMs on near-term Test/Measurement/Emulation weakness (memory test and one... More

Xilinx (XLNX) Reports Acquisition of Solarflare Communnications

April 24, 2019 4:21 PM EDT

Xilinx, Inc. (NASDAQ: XLNX), the leader in adaptive and intelligent computing, announced today that it has entered into a definitive agreement to acquire Solarflare Communications, Inc., an Irvine, Calif.-based privately-held company. Solarflare is a leading provider of high-performance, low latency networking solutions for customers spanning FinTech to cloud computing. The acquisition will enable Xilinx to combine its industry-leading FPGA, MPSoC and ACAP solutions with Solarflare's ultra-low latency network interface card (NIC) technology and Onload application acceleration software, to enable new converged SmartNIC solutions, accelerating Xilinx's "data... More