Citrix Reports First Quarter Financial Results
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MKM Partners Raises Price Target on Citrix Systems (CTXS) to $98 Following Strong 1Q Results
April 21, 2016 10:48 AM EDTMKM Partners reiterated a Buy rating on Citrix Systems (NASDAQ: CTXS), and raised the price target to $98.00 (from $93.00), following the company's 1Q earnings report. EPS of $1.18 beat consensus of $0.92. Revenue for the quarter also beat consensus with $826mn compared to the consensus of... More
Needham & Company Raises Price Target on Citrix Systems (CTXS) Following Strong 1Q
April 21, 2016 6:58 AM EDTNeedham & Company maintained a Buy rating on Citrix Systems (NASDAQ: CTXS), and raised the price target to $96.00 (from $90.00), following the company's 1Q earnings report. CTXS reported revenue of $826m and $1.18 EPS, both well above the $789m revenue and $0.92 EPS consensus. Management raised CY16 estimates by $35m at the midpoint and is... More
