A statement released earlier today by Vetr Inc. about Citrix Systems, Inc. (NASDAQ:CTXS) bumps the target price to $87.24
- Updated: October 16, 2016
Boasting a price of $83.07, Citrix Systems, Inc. (NASDAQ:CTXS) traded 0.30% higher on the day. With the last stock price close down -0.37% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Citrix Systems, Inc. has recorded a 50-day average of $85.01 and a two hundred day average of $83.95. Volume of trade was up over the average, with 1,809,625 shares of CTXS changing hands over the typical 1,256,020
Vetr Inc. bumped up the target of Citrix Systems, Inc. (NASDAQ:CTXS) to $87.24 stating a potential upside of 0.05%.
On 10/3/2016, UBS released a statement for Citrix Systems, Inc. (NASDAQ:CTXS) bumped up the target price from $0.00 to $81.00 that suggested a downside of -0.05%.
With a total market value of $0, Citrix Systems, Inc. has price-earnings ratio of 33.70 with a one year low of $60.91 and a one year high of $90.00 .
A total of 25 equity analysts have released a research note on CTXS. Five equity analysts rating the company a strong buy, nine equity analysts rating the company a buy, fifteen equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $86.08.
Brief Synopsis About Citrix Systems, Inc. (NASDAQ:CTXS)
Citrix Systems, Inc. develops and sells products and services that enable delivery of applications and data over public, private or hybrid clouds or networks, to virtually any type of device. The Company operates through two segments: Enterprise and Service Provider, and Mobility Apps. The Company's Enterprise and Service Provider segment consists of Workspace Services and Delivery Networking products. Its Mobility Apps segment consists of Communications Cloud and Workflow Cloud products. The Company's solutions offer secure, mobile workspaces that provide people with access to applications, desktops, data and communications, over any network or cloud. It markets and licenses its products directly to customers, over the Web, and through systems integrators (SIs), in addition to indirectly through value-added resellers (VARs), value-added distributors (VADs), original equipment manufacturers (OEMs) and service providers.
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