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Xilinx downgraded to Underweight at Barclays

Jan. 18, 2017 8:53 AM ETAdvanced Micro Devices, Inc. (AMD) StockAMDBy: Eric McCaffrey, SA News Editor
  • From Equal Weight, analyst Blayne Curtis considers estimates and valuation "stretched despite opportunities in Data Center and Automotive." While noting positivity around FPGA data center announcements, on artificial intelligence, views as a moderately small contributor near-term and factors competition faced in the area longer-term from Intel, Google (Tensor Processing Unit) and elsewhere.
  • Xilinx (NASDAQ:XLNX) price target $53 (pre-market $57.19, -0.94%).

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