Discussion stirs around Citrix Systems, Inc. (NASDAQ:CTXS) this week; here is what analysts are saying.

February 15, 2018 - By Migdalia James

 Discussion stirs around Citrix Systems, Inc. (NASDAQ:CTXS) this week; here is what analysts are saying.
Investors sentiment is 0.89 in Q3 2017. Its the same as in 2017Q2. It has no change, as 40 investors sold Citrix Systems, Inc. shares while 171 reduced holdings. only 44 funds opened positions while 144 raised stakes. 130.86 million shares or 0.86% less from 132.01 million shares in 2017Q2 were reported.
792,645 were reported by Bain Cap Public Equity Mgmt Limited Liability. Winfield stated it has 0.01% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). Fiduciary reported 36,337 shares. Tiaa Cref Investment Mgmt Ltd Liability Com owns 803,950 shares or 0.04% of their US portfolio. Clean Yield Group Incorporated has 0.24% invested in Citrix Systems, Inc. (NASDAQ:CTXS). Regions Corp reported 39,120 shares. Ny State Common Retirement Fund invested in 0.04% or 381,498 shares. Dupont Mngmt has invested 0.07% in Citrix Systems, Inc. (NASDAQ:CTXS). Tudor Et Al reported 0.03% stake. Contravisory Inv invested in 28 shares. 6,000 were accumulated by Quantres Asset Management Ltd. Wolverine Asset Management Limited Com reported 0.17% stake. Joel Isaacson & Com Limited Liability Corporation reported 10,000 shares. Alliancebernstein Limited Partnership reported 0.02% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). Private Advisor Gru Ltd Liability Com, New Jersey-based fund reported 8,651 shares.

Since August 28, 2017, it had 0 buys, and 3 insider sales for $1.38 million activity. $301 worth of stock was sold by Minahan Timothy A. on Monday, August 28. HENSHALL DAVID J sold 12,500 shares worth $1.16M.

Citrix Systems, Inc. (NASDAQ:CTXS) Ratings Coverage

Among 25 analysts covering Citrix Systems Inc. (NASDAQ:CTXS), 12 have Buy rating, 3 Sell and 10 Hold. Therefore 48% are positive. Citrix Systems Inc. had 84 analyst reports since July 29, 2015 according to SRatingsIntel. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) earned “Buy” rating by Robert W. Baird on Friday, November 17. On Thursday, February 2 the stock rating was maintained by Mizuho with “Buy”. The rating was upgraded by JMP Securities on Thursday, January 28 to “Mkt Perform”. As per Thursday, October 20, the company rating was maintained by Morgan Stanley. The rating was maintained by Jefferies with “Sell” on Thursday, October 19. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) has “Neutral” rating given on Wednesday, March 15 by Bank of America. Stifel Nicolaus maintained the shares of CTXS in report on Thursday, October 26 with “Hold” rating. Stifel Nicolaus downgraded the stock to “Hold” rating in Wednesday, July 27 report. Needham maintained it with “Buy” rating and $90 target in Thursday, October 22 report. The company was downgraded on Monday, January 8 by Barclays Capital. Below is a list of Citrix Systems, Inc. (NASDAQ:CTXS) latest ratings and price target changes.

01/02/2018 Broker: Evercore Rating: Hold New Target: $92.0
01/02/2018 Broker: RBC Capital Markets Rating: Hold New Target: $93.0 Maintain
01/02/2018 Broker: Morgan Stanley Old Rating: Underweight New Rating: Underweight Old Target: $82 New Target: $84 Maintain
01/02/2018 Broker: Bernstein Rating: Buy New Target: $106.0 Maintain
01/02/2018 Broker: Bank of America Old Rating: Neutral New Rating: Neutral Old Target: $91 New Target: $97 Maintain
01/02/2018 Broker: Stifel Nicolaus Rating: Hold New Target: $88.0 Maintain
18/01/2018 Broker: Robert W. Baird Rating: Buy New Target: $100.0 Maintain
11/01/2018 Broker: Cowen & Co Rating: Hold New Target: $93.0 Downgrade
08/01/2018 Broker: Barclays Capital Old Rating: Overweight New Rating: Equal-Weight Old Target: $90 Downgrade
04/01/2018 Broker: Robert W. Baird Rating: Buy New Target: $95.0 Maintain

The stock increased 1.73% or $1.55 during the last trading session, reaching $90.99. About 694,225 shares traded. Citrix Systems, Inc. (NASDAQ:CTXS) has risen 26.42% since February 15, 2017 and is uptrending. It has outperformed by 9.72% the S&P500.

Citrix Systems, Inc. provides an integrated platform for secure app and data delivery, and network functionality as a cloud service worldwide. The company has market cap of $13.71 billion. The firm offers workspace services, including XenDesktop, a cloud-enabled desktop virtualization solution that gives clients the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients. It currently has negative earnings. The Company’s workspace services also comprise XenMobile enterprise mobility management solutions; and Citrix Workspace Suite, which provides apps, desktops, branch networking and WAN, enterprise mobility management, and data solutions.

More notable recent Citrix Systems, Inc. (NASDAQ:CTXS) news were published by: Sun-Sentinel.com which released: “Citrix acquires Portland startup that provides internet navigation” on February 12, 2018, also Businesswire.com with their article: “Citrix Announces Drew Del Matto as New Chief Financial Officer” published on February 05, 2018, Nasdaq.com published: “Earnings Reaction History: Citrix Systems Inc, 44.4% Follow-Through Indicator …” on January 31, 2018. More interesting news about Citrix Systems, Inc. (NASDAQ:CTXS) were released by: Fool.com and their article: “Citrix Systems Enters 2018 Leaner, but Still in Fighting Shape” published on February 15, 2018 as well as Nasdaq.com‘s news article titled: “Citrix Systems Inc Earnings Advance In Q4” with publication date: January 31, 2018.

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