Jefferies Reiterates Their Sell Rating on Citrix Systems

By Ryan Adsit

In a report released yesterday, John Difucci from Jefferies reiterated a Sell rating on Citrix Systems (NASDAQ: CTXS), with a price target of $61. The company’s shares closed yesterday at $74.61.

According to TipRanks.com, Difucci is a top 100 analyst with an average return of 16.0% and a 70.4% success rate. Difucci covers the Technology sector, focusing on stocks such as SS&C Technologies Holdings, Callidus Software, and CommVault Systems.

Citrix Systems has an analyst consensus of Moderate Buy, with a price target consensus of $83.50.

Citrix Systems’ market cap is currently $11.28B and has a P/E ratio of 25.12. The company has a book value ratio of 5.9953.

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Citrix Systems, Inc. designs, develops and markets technology solutions. The company provides transition to software defining the workplace, uniting virtualization, mobility management, networking and SaaS solutions to enable new ways for businesses and people to work better.