BofA/Merrill Lynch Upgrades Citrix Systems (CTXS) to Buy

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Jefferie Lifts PT on Citrix Systems (CTXS) to $85

January 31, 2013 8:00 AM EST

Jefferies boosted its price target on Buy-rated Citrix Systems (NASDAQ: CTXS) from $80 to $85 following Q4 results.

The firm commetns, "CTXS beat 4Q12 ests materially (+10% on license/ +5% on total revs/ +7% on EPS) and raised FY13 rev ests. We think CTXS has a number of... More

UPDATE: Citrix Systems, Inc. (CTXS) Tops Q4 EPS by 6c; Guides In-Line

January 30, 2013 4:06 PM EST

(Updated - January 30, 2013 6:07 PM EST)

Citrix Systems, Inc. (NASDAQ: CTXS) reported Q4 EPS of $0.90, $0.06 better than the analyst estimate of $0.84. Revenue for the quarter came in at $740 million versus the consensus estimate of $705.73 million.

Citrix Systems, Inc. sees FY2013 EPS of... More