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A report released today by Jefferies & Co about Xilinx Inc. (NDAQ:XLNX) bumps the target price to $68.00

Reporting a potential upside of 0.03%, Jefferies & Co bumped up the target of Xilinx Inc. (NDAQ:XLNX) to $68.00

Yesterday Xilinx Inc. (NDAQ:XLNX) traded 0.91% higher at $65.74. The company’s 50-day moving average is $64.29 and its 200-day moving average is $63.15. The last closing price is up 12.16% from the 200-day moving average, compared to the S&P 500 which has increased 0.02% over the same time. 2,186,284 shares of the stock were exchanged, down from an average trading volume of 2,502,510

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Xilinx Inc. (NDAQ:XLNX)

Xilinx Inc. has a 52 week low of $48.75 and a 52 week high of $70.93 with a P/E ratio of 30.27 The company’s market cap is currently $0.

In addition to Jefferies & Co reporting its stock price target, a total of 17 analysts have released a report on Xilinx Inc.. The 12-month price target is $48.12 with four equity analysts rating the company a strong buy, three equity analysts rating the company a buy, thirteen equity analysts rating the company a hold, 1 firm rating the stock a underperform, and finally 0 brokerages rating the company a sell.

General Company Details For Xilinx Inc. (NDAQ:XLNX)

Xilinx, Inc. (Xilinx) is engaged in designing and developing programmable devices and associated technologies. The Company's programmable devices and associated technologies include integrated circuits (ICs) in the form of programmable logic devices (PLDs), including programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and various third-party verification and IP cores. The Company provides design services, customer training, field engineering and technical support. Its PLDs include field programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs) that its customers program to perform desired logic functions, and programmable SoCs, which combine (Advanced reduced instruction set computing (RISC) Machines (ARM)) processor-based systems with programmable logic in a single device.

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