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Citrix Systems, Inc. (NASDAQ:CTXS) stock price target increased to $98.00, issued a report today by Zacks Investment Research

Having a price of $87.46, Citrix Systems, Inc. (NASDAQ:CTXS) traded 1.13% higher on the day. With the last close up 3.94% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. CTXS has recorded a 50-day average of $85.36 and a two hundred day average of $85.10. Trade Volume was down over the average, with 311,180 shares of CTXS changing hands under the typical 1,202,010

In a report released on 11/29/2016 Zacks Investment Research increased the stock price target of Citrix Systems, Inc. (NASDAQ:CTXS) to $98.00 reporting a potential upside of 0.12%.

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Citrix Systems, Inc. (NASDAQ:CTXS)

Citrix Systems, Inc. has PE ratio of 29.57 with a one year low of $60.91 and a one year high of $90.00 and has a market capitalization of $0.

A total of 25 analysts have released a report on Citrix Systems, Inc.. Five analysts rating the company a strong buy, nine analysts rating the company a buy, fifteen analysts rating the company a hold, two analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $86.08.

General Company Details For 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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