Morgan Stanley Downgrades Xilinx To Equal-weight

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.