Xilinx (XLNX) Gets a Buy Rating from Rosenblatt Securities

By Carrie Williams

In a report released today, Hans Mosesmann from Rosenblatt Securities maintained a Buy rating on Xilinx (XLNXResearch Report), with a price target of $165.00. The company’s shares closed last Monday at $91.24.

According to TipRanks.com, Mosesmann is a 5-star analyst with an average return of 13.3% and a 60.9% success rate. Mosesmann covers the Consumer Goods sector, focusing on stocks such as Texas Instruments, Lattice Semicon, and Microchip.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Xilinx with a $111.71 average price target.

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The company has a one-year high of $141.60 and a one-year low of $79.22. Currently, Xilinx has an average volume of 3.23M.

Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of XLNX in relation to earlier this year.

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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.