Citrix Systems (CTXS) Tops Q1 EPS by 2c; Issues Mixed Outlook

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Citrix Systems (CTXS) PT Lowered to $61 at Jefferies Following 1Q

April 27, 2017 9:50 AM EDT

Jefferies lowered its price target on Citrix Systems (NASDAQ: CTXS) to $61.00 (from $62.00) while maintaining a Underperform rating. 1Q non-GAAP EPS of $0.97 on total rev of $663M and Product & License of $192M compared to consensus of $0.95, $661M, and $188M, respectively.

Analyst John DiFucci... More