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Fly News Breaks for February 13, 2020
Feb 13, 2020 | 06:07 EDT
Wells Fargo analyst Aaron Rakers initiated coverage of Xilinx with an Equal Weight rating and $95 price target. The analyst is positive on Xilinx's long-term story, but believes current consensus estimates "have another quarter or two of more downside risk than upside potential." Shares of Xilinx would offer a more attractive entry point at the low-$80 level, Rakers tells investors in a research note.
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