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Fly News Breaks for January 25, 2018
XLNX
Jan 25, 2018 | 09:24 EDT
SunTrust analyst William Stein raised his price target on Xilinx to $79 and kept his Hold rating after Q3 earnings. Stein notes that while revenues excluding Comms and Data Center sales continued to outperform amid 20% annual growth in automotive and the emerging exposure to cryptocurrencies, Comms and Data end market underperformed again and may remain challenging until 5G fully launches around 2020.
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