In a report published on Monday, Drexel Hamilton upgraded Xilinx, Inc. (NASDAQ:XLNX) stock from Hold to Buy, citing mounting Asian wireless base station perceptibility and increasing penetration in autos and industrial. The sell-side research firm has lifted the price objective from $40 to $45 on the stock. After the news surfaced, the stock gained 3.12% to $40.98, as of 12:29PM EST.