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Xilinx (NASDAQ:XLNX) target price bumped up to $52.00, released a ratings update earlier today by Robert W. Baird

Robert W. Baird increased the stock price target of Xilinx (NASDAQ:XLNX) to $52.00 indicating a possible upside of 0.02%.

On 9/20/2016, Zacks Investment Research released a statement on Xilinx (NASDAQ:XLNX) upped the target price from $0.00 to $60.00 that suggested an upside of 0.13%.

Having a price of $50.99, Xilinx (NASDAQ:XLNX) traded -2.34% lower on the day. With the last closing price up 4.63% from the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Xilinx has recorded a 50-day average of $53.42 and a 200-day moving average of $48.73. 3,528,536 shares of XLNX traded hands, up from an average trading volume of 2,158,360

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Xilinx has 52 week low of $40.44 and a 52 week high of $55.49 with a PE ratio of 24.18 and has a market capitalization of $0.

In addition to Robert W. Baird reporting its target price, a total of 17 analysts have released a report on XLNX. The one year target is $48.12 with 4 brokerages rating the stock a strong buy, 3 firms rating the stock a buy, 13 brokers rating the stock a hold, one equity analyst rating the stock a underperform, and finally 0 analysts rating the company a sell.

More About Xilinx (NASDAQ: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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