Jefferies Initiates Coverage on Citrix with a Hold Rating
According to Jefferies, Citrix (NASDAQ: CTXS) is initiated at Hold.
Jefferies said that it initiates with a HOLD and $62PT. “Our $62 PT is 20X our CY12E EV/NOPAT plus $9 of net cash/ share.”
Citrix closed yesterday at $55.96.







