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Technology Stocks : Xilinx (XLNX)
XLNX 194.920.0%Feb 14 4:00 PM EST
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From: JakeStraw12/30/2016 8:42:13 AM
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Xilinx price target raised to $70 from $60 at Argus
Dec 30, 2016
Argus analyst Jim Kelleher says that "cloud hosts are increasingly deploying Xilinx FPGAs for applications acceleration, data analytics, video processing and machine learning in the data center market." The analyst thinks that the company's "reconfigurable acceleration stack should simplify the deployment of FPGAs," while FPGAs should be widely used within the 5G wireless standard. He keeps a Buy rating on the shares.
thefly.com
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