Xilinx (XLNX) Tops Q2 EPS by 5c; Guides Lower

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Xilinx (XLNX) PT Lowered to $120 at Susquehanna

October 24, 2019 8:06 AM EDT

Susquehanna analyst Christopher Rolland lowered the price target on Xilinx (NASDAQ: XLNX) to $120.00 (from $135.00) while maintaining a Positive rating.

Rolland commented, "While widely anticipated, December guidance was indeed horrific. March implied guidance appears aggressive, but if they can hit it our FY21 estimates really arent impacted that much."

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Xilinx (XLNX) PT Lowered to $105 at Baird

October 24, 2019 8:02 AM EDT

Baird analyst Tristan Gerra lowered the price target on Xilinx (NASDAQ: XLNX) to $105.00 (from $110.00) while maintaining an Outperform rating.

Gerra commented, "Our take on the wireless weakness is that China as a growth driver has momentarily evaporated, with other geographies... More