Evercore ISI analyst Kirk Materne maintained a Hold rating on Citrix Systems (NASDAQ:) on Friday, setting a price target of $153, which is approximately 23.54% above the present share price of $123.85.
Materne expects Citrix Systems to post earnings per share (EPS) of $0.91 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Citrix Systems, with an average price target of $150.56.
The analysts price targets range from a high of $180 to a low of $130.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $809.66 million and a net profit of $135.29 million. The company’s market cap is $15.38 billion.
According to TipRanks.com, Evercore ISI analyst Kirk Materne is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 28.3% and a 82.79% success rate.
Citrix Systems, Inc. engages in the design, development, and marketing of information…