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Analysts Are Neutral on Top Technology Stocks: Xilinx (XLNX), Celestica (CLS)

Analysts fell to the sidelines weighing in on Xilinx (XLNXResearch Report) and Celestica (CLSResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Xilinx (XLNX)

In a report released today, Ambrish Srivastava from BMO Capital maintained a Hold rating on Xilinx, with a price target of $175.00. The company’s shares closed last Thursday at $173.42.

According to TipRanks.com, Srivastava is a 5-star analyst with an average return of 14.1% and a 69.9% success rate. Srivastava covers the Technology sector, focusing on stocks such as NXP Semiconductors, Skyworks Solutions, and Texas Instruments.

Xilinx has an analyst consensus of Hold, with a price target consensus of $186.67, which is a -1.4% downside from current levels. In a report released yesterday, Deutsche Bank also maintained a Hold rating on the stock with a $190.00 price target.

See today’s best-performing stocks on TipRanks >>

Celestica (CLS)

In a report released today, Thanos Moschopoulos from BMO Capital maintained a Hold rating on Celestica, with a price target of $13.00. The company’s shares closed last Thursday at $11.64, close to its 52-week high of $12.41.

According to TipRanks.com, Moschopoulos is a 4-star analyst with an average return of 12.6% and a 57.0% success rate. Moschopoulos covers the Technology sector, focusing on stocks such as The Descartes Systems Group, Maxar Technologies, and Copperleaf Tech.

Currently, the analyst consensus on Celestica is a Hold with an average price target of $13.00, representing a 14.6% upside. In a report released yesterday, Stifel Nicolaus also maintained a Hold rating on the stock with a $13.00 price target.

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