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Zacks Investment Research disclosed Xilinx, Inc. (NASDAQ:XLNX), boosting its stock price target to $60.00 earlier today

Yesterday Xilinx, Inc. (NASDAQ:XLNX) traded 0.83% lower at $52.99. Xilinx, Inc.’s 50-day moving average is $52.88 and its two hundred day moving average is $48.04. The last stock close is up 10.42% relative to the two hundred day average, compared to the S&P 500 which has fallen -0.01% over the date range. 1,126,029 shares of Xilinx, Inc. were exchanged, down from ann average trading volume of 2,076,790.

Zacks Investment Research raised the estimated target of Xilinx, Inc. (NASDAQ:XLNX) to $60, stating a possible upside of 0.13%,

On 6/2/2016, Goldman Sachs reported on Xilinx, Inc.(NASDAQ:XLNX) lowered the target price from $54.00 to $51.00 that suggested an upside of 0.09%.

Performance Chart:

Xilinx, Inc. (NASDAQ:XLNX)

A total of 17 analysts have released a report on the stock. Four analysts rate the stock a strong buy, three firms rate the company a buy, 13 analyts rate the stock a hold, one firm rate the company to underperform, and finally 0 firmsrate the stock as sell with a consensus target price of $48.12

Xilinx, Inc. has a 52 week low of $40.44 and a one-year high of $54.82 with a price-earnings ratio of 25 and has a market cap of $0.0.

More About Xilinx, Inc. (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, and which combine (Advanced reduced instruction set computing (RISC) Machines (ARM)) processor-based systems with programmable logic in a single device.

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