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Fly News Breaks for April 24, 2017
XLNX
Apr 24, 2017 | 08:40 EDT
Evercore ISI analyst CJ Muse added Xilinx to the Best Core Ideas List given a reacceleration in topline growth, slower opex growth and resulting operating leverage, lower share count from buybacks and convertible due in June, and leverage to Accelerators and AI inference in Data Center that should drive Street estimates higher throughout 2017. Muse rates Xilinx with an Outperform and a $70 price target.
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