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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Donald Wennerstrom who wrote (46511)	1/19/2010 10:43:35 AM
From: Donald Wennerstrom	1 Recommendation Read Replies (1) \| Respond to of 95442

Jan 19, 2010 9:56 AM Xilinx: RBC Upgrades, Lifts Target Posted by Eric Savitz Xilinx (XLNX) shares are trading higher today on bullish comments from RBC Capital analyst Mahesh Sanganeria. The analyst raised his rating to Outperform from Sector Perform, upped his target to $32, from $28, and increased his EPS estimates. The RBC analyst says the revised view reflects “expectation of continued improvement in enterprise spending.” He notes that the company has over 70% market of PLDs - programmable logic devices - at Cisco (CSCO). Sanganeria says the bear thesis is that record Q4 revenue is driven was driven largely by inventory replenishment, but he sees instead a step-in in wireless inventory spend, and steady military spending, plus a cyclical upturn in all other segments. XLNX today is up 36 cents, or 1.5%, to $23.88.