Nomura Instinet analyst David Wong upgraded Xilinx (XLNX) to Buy from Neutral with an unchanged price target of $115. The stock closed Friday up $3.41 to $96.22. Many risks remain for U.S. semiconductor companies, including uncertainties related to U.S./China trade issues and U.S. action against Chinese companies such as Huawei, Wong tells investors in a research note. However, Xilinx's stock price and estimates have adjusted to reflect these risks, adds the analyst. He points out that the company is growing even with Huawei constraints. Xilinx has also gained meaningful share from Intel's (INTC) Altera in recent quarters, contends Wong.