BMO Capital Downgrades Xilinx To Market Perform

Analysts at BMO Capital downgraded Xilinx XLNX from Outperform to Market Perform. The target price for Xilinx has been lowered from $60 to $42. Xilinx shares have surged 5.06% over the past 52 weeks, while the S&P 500 index has gained 17.20% in the same period. Xilinx's shares tumbled 9.76% to $43.45 in pre-market trading.