Citrix Systems (CTXS) near term implied volatility increases into Q3

Go back to Citrix Systems (CTXS) near term implied volatility increases into Q3

Needham & Company Reiterates Buy Following Citrix Systems' (CTXS) 3Q Report

October 20, 2016 6:58 AM EDT

Needham & Company reiterated a Buy rating and $96.00 price target on Citrix Systems (NASDAQ: CTXS) following the company's 3Q earnings report. CTXS reported revenues of $841m and $1.32 EPS, well above consensus' $827m and $1.19 EPS.

Analyst Scott Zeller commented, "The Citrix SeptQ results were... More