UPDATE: JMP Securities Initiates Coverage on Xilinx on Market Leader Position

In a report published Thursday, JMP Securities analyst Alex Gauna initiated coverage on Xilinx (NASDAQ: XLNX ) with a Market Outperform rating and $55.00 price target. In the report, JMP Securities noted, “Xilinx is the world's largest supplier of programmable logic ICs with a consistent track record of outperforming the