Citrix Systems, Inc. (NASDAQ:CTXS) price target raised to $101.00 by Morgan Stanley

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Analyst Ratings For Citrix Systems, Inc. (NASDAQ:CTXS)

Today, Morgan Stanley raised its price target on Citrix Systems, Inc. (NASDAQ:CTXS) to $101.00 per share.

There are 9 Hold Ratings, 5 Buy Ratings, 2 Sell Ratings, 1 Strong Buy Ratings on the stock.

The current consensus rating on Citrix Systems, Inc. (NASDAQ:CTXS) is Hold with a consensus target price of $105.40 per share, a potential 6.04% downside.

Some recent analyst ratings include

  • 7/20/2018-Robert W. Baird was Downgraded by analysts at Robert W. Baird from a “Outperform ” rating to a ” Neutral” rating. They now have a $110.00 price target on the stock.
  • 5/9/2018-Mizuho Reiterated Rating of Buy.
  • 5/1/2018-Goldman Sachs Group Upgrade from a “Buy ” rating to a ” Conviction-Buy” rating.

Recent Insider Trading Activity For Citrix Systems, Inc. (NASDAQ:CTXS)
Citrix Systems, Inc. (NASDAQ:CTXS) has insider ownership of 0.56% and institutional ownership of 95.59%.

  • On 7/12/2018 David J Henshall, CEO, sold 10,000 with an average share price of $107.23 per share and the total transaction amounting to $1,072,300.00.
  • On 7/3/2018 Robert Calderoni, Insider, sold 2,128 with an average share price of $106.27 per share and the total transaction amounting to $226,142.56.
  • On 6/12/2018 David J Henshall, CEO, sold 10,000 with an average share price of $105.81 per share and the total transaction amounting to $1,058,100.00.
  • On 6/1/2018 Robert Calderoni, Chairman, sold 2,128 with an average share price of $106.82 per share and the total transaction amounting to $227,312.96.
  • On 5/18/2018 Timothy A Minahan, SVP, sold 11,688 with an average share price of $105.05 per share and the total transaction amounting to $1,227,824.40.
  • On 5/14/2018 Jessica Soisson, VP, sold 3,281 with an average share price of $107.44 per share and the total transaction amounting to $352,510.64.
  • On 5/1/2018 David J Henshall, CEO, sold 12,500 with an average share price of $103.46 per share and the total transaction amounting to $1,293,250.00.

About Citrix Systems, Inc. (NASDAQ:CTXS)
Citrix Systems, Inc. delivers solutions to secure and access applications worldwide. The company offers workspace services, including XenDesktop, a cloud-enabled desktop virtualization solution that gives customers the flexibility to deliver desktops and applications as a service from cloud and on-premises datacenters; and XenApp that allows Windows applications to be delivered as cloud services to Android and iOS mobile devices, Macs, PCs, and thin clients. Its workspace services also comprise XenMobile enterprise mobility management solutions; and Citrix Workspace Suite, which provides apps, desktops, branch networking and WAN, enterprise mobility management, and data solutions. In addition, the company offers networking products comprising NetScaler ADC, a software-defined application delivery controller and load balancer for mobile, remote, and branch users; and NetScaler SD-WAN, an integrated platform that enhances traditional enterprise applications, SaaS applications, and virtual desktops for remote users. Further, it provides content collaboration services that include ShareFile, a cloud-based file sharing and storage solution, which provides enterprise-class data services on various corporate and personal mobile devices for businesses. Additionally, the company offers subscription, software solutions, hardware maintenance, professional consulting, and product training and certification services. It markets and licenses its products through resellers, distributors, systems integrators, independent software vendors, original equipment manufacturers, and service providers. The company was formerly known as Citrus Systems, Inc. Citrix Systems, Inc. was founded in 1989 and is headquartered in Fort Lauderdale, Florida.

Recent Trading Activity for Citrix Systems, Inc. (NASDAQ:CTXS)
Shares of Citrix Systems, Inc. closed the previous trading session at 113.08 up +3.83 3.51 % with 111.5 shares trading hands.