J.P. Morgan's Thoughts on Citrix Systems' 2012 Synergy

In a research report published this morning by J.P. Morgan, Citrix Systems' CTXS workforce mobility and cloud computing are two key trends driving the company's product strategy. According to J.P. Morgan, "Products like GoToMyPC, XenClient and Receiver help firms provide workers with secure access to corporate data across multiple devices. Products like CloudGateway, XenApp and XenDesktop provide organizations with the tools to build their own private clouds, integrate with third-party public clouds, and efficiently deliver cloud services to endusers." J.P. Morgan maintains its Underweight rating and $58 PT on Citrix Systems, which closed yesterday at $78.35.