Citrix Systems (CTXS) Tops Q2 EPS by 18c; Issues Solid Outlook, to Explore Options for GoTo
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July 29, 2015 6:43 AM EDT
Baird upgraded Citrix Systems (NASDAQ: CTXS) from Neutral to Outperform with a price target of $80.00.
For an analyst ratings summary and ratings history on Citrix Systems click here. For more ratings news on Citrix Systems click here.
Shares of Citrix Systems closed at $69.63 yesterday.
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July 28, 2015 4:04 PM EDT
Citrix Systems (NASDAQ: CTXS) announced that the companys president and chief executive officer, Mark Templeton, has informed the board of directors of his plans to retire. Mr. Templeton will continue to serve as president and CEO and a director of the company until such time as a successor has been appointed.
The Citrix Board has initiated a CEO search process and has retained Heidrick &... More
July 28, 2015 4:04 PM EDT
Citrix Systems, Inc. (NASDAQ: CTXS) today announced that it has entered into a cooperation agreement with Elliott Management Corporation (Elliott), an investment firm whose affiliated funds own approximately 7.5 percent of the companys common stock.
As part of the agreement, Elliotts Jesse Cohn has been appointed to the Citrix board of directors to replace Asiff Hirji who has decided to step down from the company's board, effective immediately. In addition, as part of its continuing board evolution process, the company will commence a search for an additional independent board member, mutually agreeable to... More
