Morgan Stanley Downgrades Xilinx To Equal-weight

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Analysts at Morgan Stanley downgraded
Xilinx Inc. XLNX
from Overweight to Equal-weight. The price target for Xilinx has been lowered from $48 to $44. Xilinx shares have dropped 22.02% over the past 52 weeks, while the S&P 500 index has surged 10.08% in the same period. Xilinx shares fell 0.76%to $42.00 in pre-market trading.
Posted In: DowngradesAnalyst RatingsMorgan Stanley
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