Form SC 13D CITRIX SYSTEMS INC Filed by: ELLIOTT ASSOCIATES, L.P.
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Needham & Company Upgrades Citrix Systems (CTXS) to Buy
June 12, 2015 7:36 AM EDTNeedham & Company upgraded Citrix Systems (NASDAQ: CTXS) from Hold to Buy with a price target of $82.00.
Analyst Scott Zeller commented, "We are upgrading Citrix Systems based on the prospect of change due to Thursdays announcement of Elliott Associates as a 7.1% holder,... More
Piper Jaffray Upgrades Citrix Systems (CTXS) to Neutral
June 12, 2015 6:53 AM EDTPiper Jaffray upgraded Citrix Systems (NASDAQ: CTXS) from Underweight to Neutral with a price target of $75.00 (from $60.00) amid shareholder activism.
Analyst Katherine Egbert commented, "Given Elliotts track record of success in unlocking shareholder value, we believe there is a high... More
Citrix Systems (CTXS) PT Raised to $78 at Nomura Amid Activist Stake
June 11, 2015 1:09 PM EDTNomura Securities analyst Rick Sherlund bumped his price target on Citrix Systems (NASDAQ: CTXS) to $78.00 (from $70.00) after activist Investor Elliott Management has announced a 7.1% ownership interest in Citrix and has asked for a board seat as well as outlined a plan to enhance shareholder value.
Sherlund commented, "Citrix has struggled to enhance value... More
Citrix Systems (CTXS) PT Raised to $80 at Mizuho Securities on Activist Stake
June 11, 2015 9:50 AM EDTMizuho Securities analyst Abhey Lamba reiterated an Outperform rating and boosted its price target on Citrix Systems (NASDAQ: CTXS) to $80.00 (from $72.00) after Elliott announced a 7% stake in the company this morning and requested a meeting with the board.
Lamba commented, "As we have... More
