Citrix Comments on Letter from Elliott Management
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June 12, 2015 7:36 AM EDT
Needham & 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
June 12, 2015 7:05 AM EDT
BofA/Merrill Lynch upgraded Citrix Systems (NASDAQ: CTXS) from Underperform to Buy with a price target of $82. Analyst Kash Rangan sees potential value creation from spinouts and divestitures.
For an analyst ratings summary and ratings history on Citrix Systems... More
June 12, 2015 6:53 AM EDT
Piper 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
June 11, 2015 3:56 PM EDT
Citrix Systems, Inc. (NASDAQ: CTXS) today issued the following statement in response to a letter to the Citrix Board of Directors from Elliott Management Corp.
Citrix has always maintained an ongoing dialogue with our shareholders, and we welcome their input. We will... More
