Mizuho Securities Sticks to Its Buy Rating for Xilinx Inc (XLNX)

By Ryan Adsit

In a report issued on August 15, Vijay Rakesh from Mizuho Securities reiterated a Buy rating on Xilinx Inc (XLNXResearch Report), with a price target of $140. The company’s shares closed last Monday at $105.46.

According to TipRanks.com, Rakesh is a top 100 analyst with an average return of 19.0% and a 58.5% success rate. Rakesh covers the Consumer Goods sector, focusing on stocks such as Skyworks Solutions, Intel Corporation, and Texas Instruments.

Xilinx Inc has an analyst consensus of Moderate Buy, with a price target consensus of $133.44.

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Xilinx Inc’s market cap is currently $26.64B and has a P/E ratio of 28.86. The company has a Price to Book ratio of 10.13.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock.

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Xilinx, Inc. engages in the design and development of programmable logic semiconductor devices and the related software design tools. It also provides design services, customer training, field engineering, and technical support.