UPDATE: FBN Securities Reiterates On Citrix Systems
In a note released Monday, FBN analyst Shebly Seyrafi reiterated an Outperform rating and $75 price target on Citrix Systems, Inc. (NASDAQ: CTXS).
Seyrafi began by noting all segments, other than products and license, grew and beat consensus estimates for the third quarter. The company was also able to beat on the bottom line with EPS $0.02 above consensus of $0.73.
Looking ahead, Seyrafi commented, "We believe that the mobile and desktop segment can show better growth rates in coming quarters."
Latest Ratings for CTXS
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 2022 | Bernstein | Downgrades | Outperform | Market Perform |
| Feb 2022 | Morgan Stanley | Maintains | Underweight | |
| Jan 2022 | Barclays | Maintains | Underweight |
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