Xilinx’s stock rocked after ‘modest’ outlook prompts analyst downgrade – MarketWatch

Xilinx’s stock rocked after ‘modest’ outlook prompts analyst downgrade
MarketWatch
Shares of Xilinx Inc. XLNX, -5.48% dropped 6.3% in morning grade Tuesday, after running up to a 16 1/2-year high the day before, after Wells Fargo downgraded the chip maker, citing concerns over valuation given the “modest” sales growth outlook

Source: analyst – Google News

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