Oppenheimer Reiterates Perform on Citrix

Oppenheimer maintains its Perform rating on Citrix Systems (NASDAQ: CTXS) as new survey shows secure mobile work styles drive desktop virtualization demand.

Oppenheimer says, “According to a new global market study commissioned by Citrix, securing the explosive growth of mobile workstyles is on pace to drive a significant spike in demand for desktop virtualization over the next two years. Fifty-five percent of companies surveyed expect to roll-out new desktop virtualization deployments for the first time by 2013, with 86 percent citing security as a primary driver.”

CTXS closed at $69.82 per share on Monday.