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Fly News Breaks for January 14, 2019
XLNX
Jan 14, 2019 | 08:39 EDT
Evercore ISI analyst C.J. Muse maintained an Outperform rating on Xilinx and raised his price target to $100 from $90, telling investors in a research note that he "applauds" the company's transformation into a platform company and that he is "optimistic" on the company's ability to execute consistently across its business segments. He continues to see Wireless spend as a bright spot for CY19 and sees the company outperforming broader Industrial/Autos Semi peers.
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