Are Analysts Bullish Citrix Systems, Inc. (NASDAQ:CTXS) After Last Week?

February 15, 2018 - By Dolores Ford

 Are Analysts Bullish Citrix Systems, Inc. (NASDAQ:CTXS) After Last Week?
Investors sentiment is 0.89 in 2017 Q3. 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.
Fuller Thaler Asset Mgmt invested 0% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). Conning has invested 0.01% in Citrix Systems, Inc. (NASDAQ:CTXS). The Pennsylvania-based Glenmede Trust Na has invested 0.14% in Citrix Systems, Inc. (NASDAQ:CTXS). X Mngmt Co Ltd Llc invested 0.01% in Citrix Systems, Inc. (NASDAQ:CTXS). Great West Life Assurance Can invested 0.03% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). Qs Limited Liability stated it has 0.06% of its portfolio in Citrix Systems, Inc. (NASDAQ:CTXS). Nomura Asset, Japan-based fund reported 20,856 shares. State Of Alaska Department Of Revenue holds 12,350 shares. Caisse De Depot Et Placement Du Quebec holds 0.06% in Citrix Systems, Inc. (NASDAQ:CTXS) or 328,341 shares. Moreover, Trust Of Vermont has 0% invested in Citrix Systems, Inc. (NASDAQ:CTXS) for 535 shares. Japan-based Tokio Marine Asset Mgmt Ltd has invested 0.24% in Citrix Systems, Inc. (NASDAQ:CTXS). 61,900 were accumulated by State Of New Jersey Common Pension Fund D. Royal National Bank & Trust Of Canada accumulated 0.02% or 659,132 shares. Hudson Valley Invest Adv, New York-based fund reported 13,550 shares. Ubs Asset Mgmt Americas Incorporated holds 1.10 million shares.

Since August 28, 2017, it had 0 buys, and 3 selling transactions for $1.38 million activity. Another trade for 2,500 shares valued at $222,250 was sold by COYLE MARK M. The insider HENSHALL DAVID J sold $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 firm earned “Outperform” rating on Thursday, October 22 by Barclays Capital. As per Wednesday, October 4, the company rating was maintained by Stifel Nicolaus. The firm has “Underweight” rating by Morgan Stanley given on Wednesday, July 27. The firm has “Mkt Perform” rating given on Thursday, January 28 by JMP Securities. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) has “Sell” rating given on Thursday, June 1 by Jefferies. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) has “Underweight” rating given on Thursday, February 1 by Morgan Stanley. The rating was upgraded by Mizuho on Monday, December 5 to “Buy”. Bank of America maintained Citrix Systems, Inc. (NASDAQ:CTXS) rating on Thursday, February 1. Bank of America has “Neutral” rating and $97 target. The rating was maintained by Robert W. Baird with “Outperform” on Thursday, April 21. The company was downgraded on Wednesday, July 27 by Stifel Nicolaus. 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: Nasdaq.com which released: “Citrix Systems Becomes Oversold (CTXS)” on February 08, 2018, also Marketwatch.com with their article: “Citrix shares slide as company misses Wall Street’s revenue estimate …” published on January 31, 2018, Sun-Sentinel.com published: “For 5 years, staffer accused of grand theft was ‘off the grid.’ Now she’s back.” on February 12, 2018. More interesting news about Citrix Systems, Inc. (NASDAQ:CTXS) were released by: Businesswire.com and their article: “Citrix Announces Drew Del Matto as New Chief Financial Officer” published on February 05, 2018 as well as Bizjournals.com‘s news article titled: “Citrix Systems hires new CFO from Silicon Valley company” with publication date: February 06, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter: