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Fly News Breaks for April 26, 2018
ZTCOY, XLNX
Apr 26, 2018 | 08:06 EDT
KeyBanc analyst John Vinh lowered his price target for Xilinx (XLNX) to $80 from $87 to reflect a compression in market multiples. Nonetheless, the analyst reiterates an Overweight rating on the shares and says he is a buyer of the stock following "strong" results and guidance, despite headwinds in communications and ZTE (ZTCOY).
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