Xilinx Catches An Upgrade By Vetr

Vetr upgraded Xilinx, Inc. XLNX from 2.5 to 3 stars.

Xilinx's stock has traded down 3.8 percent over the past five days, and the company has shown successful earnings in its last three quarters as it goes into its second-quarter earnings report on July 26.

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Vetr members have given Xilinx a Hold rating and a $65.69 price target. This price target is higher than the $57.72 price target from professional analysts. The company opened Thursday around $65.59.

Of all Vetr voters, 20 percent believe traders should buy Xilinx stock, 20 percent believe traders should sell Xilinx stock, and 60 percent believe traders should hold Xilinx stock.

For Vetr’s full analysis of Xilinx, go here.