Bernstein Research Reiterates on Citrix Systems on Position to Benefit from Mobile Computing Trend
In a report published Thursday, Bernstein Research analyst Mark L. Moerdler reiterated an Outperform rating and $84.00 price target on Citrix Systems (NASDAQ: CTXS).
In the report, Bernstein Research noted, “We believe Citrix is among the best positioned major software companies to benefit from the mobile computing trend as a result of its leadership in the desktop virtualization market as well as the remote access market. We continue to expect strong growth from Netscaler, due to Citrix's cross-selling capabilities, cloud build-out, partnership with Cisco and opportunity among telco providers.”
Citrix Systems closed on Wednesday at $58.02.
Latest Ratings for CTXS
|Dec 2014||Piper Jaffray||Assumes||Underweight|
|Nov 2014||Jefferies||Initiates Coverage on||Hold|
|Oct 2014||FBR Capital||Maintains||Outperform|
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