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Fly News Breaks for October 12, 2016
XLNX
Oct 12, 2016 | 08:14 EDT
As reported previously, Baird analyst Tristan Gerra downgraded Xilinx to Neutral from Outperform. Gerra cited valuation, the weakening wireless infrastructure trends, and the likely lack of upside to fiscal 2017 estimates. Gerra maintained his $52 price target on Xilinx shares.
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