How Analysts Feel About Citrix Systems, Inc. (NASDAQ:CTXS)?

February 15, 2018 - By Linda Rogers

 How Analysts Feel About Citrix Systems, Inc. (NASDAQ:CTXS)?
Investors sentiment is 0.89 in 2017 Q3. Its the same as in 2017Q2. It is without 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.
Oak Ltd Oh holds 13,530 shares. Citigroup invested in 107,997 shares or 0.01% of the stock. Meeder Asset Mngmt reported 2,021 shares. American Research And Mngmt Communications has 0.01% invested in Citrix Systems, Inc. (NASDAQ:CTXS) for 600 shares. 9.61M are held by Blackrock. First Long Island Investors Limited Liability Com owns 2,660 shares. Stifel has invested 0.03% in Citrix Systems, Inc. (NASDAQ:CTXS). Credit Suisse Ag invested in 6.13 million shares or 0.46% of the stock. Benjamin F Edwards & owns 200 shares. Artemis Inv Mngmt Limited Liability Partnership holds 0.24% or 149,461 shares in its portfolio. Rhumbline Advisers holds 0.05% or 297,169 shares in its portfolio. Teacher Retirement Of Texas accumulated 215,969 shares or 0.1% of the stock. First Tru Advsrs L P holds 2.45 million shares. Mitsubishi Ufj Tru Banking Corporation stated it has 345,961 shares or 0.05% of all its holdings. Guardian Life Insurance Of America reported 326 shares.

Since August 28, 2017, it had 0 buys, and 3 insider sales for $1.38 million activity. The insider Minahan Timothy A. sold 4 shares worth $301. HENSHALL DAVID J had sold 12,500 shares worth $1.16M on Thursday, February 1.

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 company was maintained on Thursday, October 22 by Barclays Capital. Citigroup maintained the stock with “Buy” rating in Friday, October 27 report. The rating was maintained by Mizuho with “Neutral” on Thursday, July 21. The firm earned “Underweight” rating on Thursday, October 20 by Morgan Stanley. As per Wednesday, July 29, the company rating was upgraded by Robert W. Baird. Stifel Nicolaus maintained Citrix Systems, Inc. (NASDAQ:CTXS) on Thursday, February 1 with “Hold” rating. The firm has “Sector Perform” rating by RBC Capital Markets given on Thursday, October 22. The company was maintained on Thursday, February 1 by Bank of America. The stock of Citrix Systems, Inc. (NASDAQ:CTXS) has “Perform” rating given on Wednesday, November 18 by Oppenheimer. The firm has “Sell” rating by Jefferies given on Friday, August 11. 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: Businesswire.com which released: “Citrix Announces Drew Del Matto as New Chief Financial Officer” on February 05, 2018, also Nasdaq.com with their article: “Citrix Systems Becomes Oversold (CTXS)” published on February 08, 2018, Nasdaq.com published: “Citrix Systems Inc Earnings Advance In Q4” on January 31, 2018. More interesting news about Citrix Systems, Inc. (NASDAQ:CTXS) were released by: Marketwatch.com and their article: “Citrix shares slide as company misses Wall Street’s revenue estimate …” published on January 31, 2018 as well as Sun-Sentinel.com‘s news article titled: “Citrix acquires Portland startup that provides internet navigation” with publication date: February 12, 2018.

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