Citrix Systems (CTXS) Tops Q2 EPS by 4c, Offers Q3 and FY Guidance

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Citrix Systems (CTXS) PT Lowered to $90 at MKM Partners on 2Q Report; 'Cloud Transition Brings More Positives & Negatives than Initially Believed'

August 3, 2017 10:49 AM EDT

MKM Partners lowered its price target on Citrix Systems (NASDAQ: CTXS) to $90.00 (from $95.00) while maintaining a Buy rating, following the company's second quarter earnings report.

Analyst Kevin Buttigieg notes the company delivered second quarter earnings per share and revenues results above consensus projections,... More