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Analog Devices and NXP Shares Upgraded, Xilinx Cut at KeyBanc

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KeyBanc upgraded and downgraded three semiconductor companies based partly on the potential benefits from widespread adoption of 5G technology. The firm upgraded Analog Devices to overweight from sector weight, saying the Norwood, Mass., company was best positioned to benefit from the 5G rollout. NXP Semiconductors was also upgraded to overweight from sector weight.