Citrix Reports Third Quarter 2017 Financial Results

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Citrix Systems (CTXS) PT Lowered to $60 at Jefferies Following 3Q Report

October 26, 2017 8:34 AM EDT

Jefferies lowered its price target on Citrix Systems (NASDAQ: CTXS) to $60.00 (from $61.00) while maintaining a Underperform rating Following 3Q. CTXS missed expectations, again, and largely blamed it on transition to subscription. Analyst John DiFucci believes the weak results are based more on secular... More