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ABN Amro

cut its 2001 earnings estimate on Xilinx

(XLNX) - Get Xilinx Inc. Report

to $1.31 a share from $1.35 and its 12-month price target to $100 from $120.

ABN lowered its estimates on the specialty chipmaker after news that one of its largest distributors,


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, said its semiconductor business in the December quarter could come in weaker than expected.

Shares of


(XLNX) - Get Xilinx Inc. Report

were higher despite ABN's moves, recently trading up $2.50, or 4.8%, to $54.88 in