Wedbush analyst Daniel Ives maintained a Hold rating on Citrix Systems Inc (CTXS) today and set a price target of $95. The company’s shares closed yesterday at $100.72.
According to TipRanks.com, Ives is a 4-star analyst with an average return of 7.0% and a 60.2% success rate. Ives covers the Technology sector, focusing on stocks such as Nuance Communications, Uber Technologies Inc, and Pivotal Software Inc.
The word on The Street in general, suggests a Hold analyst consensus rating for Citrix Systems Inc with a $102.67 average price target, representing a 1.9% upside. In a report released today, Barclays also maintained a Hold rating on the stock with a $103 price target.
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Citrix Systems Inc’s market cap is currently $13.26B and has a P/E ratio of 26.93. The company has a Price to Book ratio of 23.94.
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Citrix Systems, Inc. engages in the design, development, and marketing of information technology solutions. It provides digital workspace that unifies apps, data, and services. It markets and licenses its products directly to customers through web, systems integrators, value-added resellers, and service providers.
