Citrix Systems (NASDAQ:CTXS) had its price target cut by stock analysts at Barclays from $88.00 to $80.00 in a research report issued to clients and investors on Wednesday, Price Targets.com reports. The brokerage currently has an “underweight” rating on the cloud computing company’s stock. Barclays‘s price objective would indicate a potential downside of 18.48% from the stock’s previous close.

A number of other research firms have also commented on CTXS. William Blair lowered shares of Citrix Systems from an “outperform” rating to a “market perform” rating in a research note on Tuesday, October 12th. Royal Bank of Canada lowered their price objective on shares of Citrix Systems from $110.00 to $105.00 and set a “sector perform” rating on the stock in a research note on Friday, November 5th. Zacks Investment Research upgraded shares of Citrix Systems from a “sell” rating to a “hold” rating and set a $114.00 price objective on the stock in a research note on Tuesday, September…



Source link

Leave a Reply