Citrix Comments on Letter from Elliott Management
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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
BofA/Merrill Lynch Upgrades Citrix Systems (CTXS) to Buy
June 12, 2015 7:05 AM EDTBofA/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
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) Responds to Letter from Elliott Management
June 11, 2015 3:56 PM EDTCitrix 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
