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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/23/2022 | Outperform → Market Perform | Bernstein | |
| 2/1/2022 | $85.00 → $104.00 | Underweight | Morgan Stanley |
| 1/25/2022 | $103.00 → $85.00 | Neutral → Sell | Citigroup |
| 1/12/2022 | $88.00 → $80.00 | Underweight | Barclays |
| 12/16/2021 | $75.00 | Sell | Goldman Sachs |
| 11/5/2021 | $95.00 → $88.00 | Underweight | Barclays |
| 11/5/2021 | $110.00 → $105.00 | Sector Perform | RBC Capital |
| 11/5/2021 | $90.00 → $85.00 | Equal-Weight → Underweight | Morgan Stanley |
Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Feb. 09, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Citrix Systems, Inc. ("Citrix" or "the Company") (NASDAQ:CTXS) investors that a lawsuit filed on behalf of investors that purchased Citrix securities (NASDAQ:CTXS) between January 22, 2020 and October 6, 2021, both dates inclusive (the "Class Period"). Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or click here to join the case via www.portnoylaw.com. The Portnoy Law Firm can provide a complimentary case evaluation
Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, and Evergreen Coast Capital Corp. ("Evergreen"), an affiliate of Elliott Investment Management L.P. (together with its affiliates, collectively, "Elliott"), today announced the successful completion of their previously announced transaction to acquire Citrix Systems, Inc. (NASDAQ:CTXS) ("Citrix") and combine it with TIBCO Software ("TIBCO"). The transaction is valued at $16.5 billion, including the assumption of Citrix debt, and follows the receipt of all regulatory approvals and compliance with all closing conditions. The transaction closed
Kyndryl (NYSE:KD), the world's largest IT infrastructure services provider, today announced a global alliance with Citrix (NYSE:CTXS) to help businesses improve workplace collaboration and employee productivity to address the rapidly changing requirements of today's hybrid workforce on a global scale. By leveraging the longstanding operational and industry expertise of Kyndryl's Digital Workplace Services, powered by Citrix DaaS, both companies will continue to develop modernized, end-to-end IT management services and virtual desktop solutions across hybrid and multi-cloud environments for new and existing customers. Through the alliance, Kyndryl will extend the reach of its framework of
4 - CITRIX SYSTEMS INC (0000877890) (Issuer)
4 - CITRIX SYSTEMS INC (0000877890) (Issuer)
4 - CITRIX SYSTEMS INC (0000877890) (Issuer)
SC 13G/A - CITRIX SYSTEMS INC (0000877890) (Subject)
SC 13G/A - CITRIX SYSTEMS INC (0000877890) (Subject)
SC 13G/A - CITRIX SYSTEMS INC (0000877890) (Subject)
15-12G - CITRIX SYSTEMS INC (0000877890) (Filer)
S-8 POS - CITRIX SYSTEMS INC (0000877890) (Filer)
8-K - CITRIX SYSTEMS INC (0000877890) (Filer)
Bernstein downgraded Citrix Systems from Outperform to Market Perform
Morgan Stanley reiterated coverage of Citrix Systems with a rating of Underweight and set a new price target of $104.00 from $85.00 previously
Citigroup downgraded Citrix Systems from Neutral to Sell and set a new price target of $85.00 from $103.00 previously
Mr. Krause brings 20 years of experience leading and building software and technology companies Combination of Citrix and TIBCO expected to close in Q3 2022, in conjunction with previously announced acquisition of Citrix by Vista and Evergreen Vista Equity Partners, a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses ("Vista"), and Evergreen Coast Capital Corp. ("Evergreen"), an affiliate of Elliott Investment Management L.P. (together with its affiliates, collectively, "Elliott"), today announced that, upon the closing of the previously announced combination of Citrix Systems, Inc. (NASDAQ:CTXS) ("Citrix") and TIBCO Software
Acquires Savioke R&D, Relay® Product Line Names Michael O'Donnell Chairman & CEO Relay Robotics, Inc. — a new corporation formed by the acquisition of leading robotics developer Savioke — announced the completion of a $10,000,000 Series A Financing and the appointment of veteran technology executive, Michael O'Donnell, as Chairman and Chief Executive Officer. Savioke Co-Founder, Steve Cousins, will become Chief Technology Officer of Relay Robotics and lead the company's product strategy and innovation efforts. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220501005046/en/Michael O'Donnell, Chairman and Chief Executive Officer,
AUSTIN, Texas, April 21, 2022 (GLOBE NEWSWIRE) -- Phunware, Inc. (NASDAQ:PHUN) (the "Company"), a fully-integrated enterprise cloud platform for mobile that provides products, solutions, data and services for brands worldwide, announced today that Matt Lull, a 30-year veteran in technology and finance for Fortune 500 companies, has been hired as the Company's first-ever Executive Vice President and Chief Cryptocurrency Officer, effective April 18, 2022. "We are extremely excited to continue expanding our core executive team, this time adding one of the world's first public company Chief Cryptocurrency Officer positions in the world," said Alan S. Knitowski, President, CEO and Co-Founder o
Citrix Systems, Inc. (NASDAQ:CTXS) today reported financial results for the fourth quarter and fiscal year ended December 31, 2021. Financial Results For the fourth quarter of fiscal year 2021, Citrix achieved revenue of $851 million, compared to $810 million in the fourth quarter of fiscal year 2020, representing 5 percent revenue growth. For fiscal year 2021, Citrix reported annual revenue of $3.22 billion, compared to $3.24 billion for fiscal year 2020, a 1 percent decrease. GAAP Results Net income for the fourth quarter of fiscal year 2021 was $103 million, or $0.81 per diluted share, compared to $112 million, or $0.89 per diluted share, for the fourth quarter of fiscal year 2020. N
Citrix shareholders to receive a 30% premium to Citrix's unaffected price Acquisition will take Citrix private, allowing company to accelerate its SaaS transformation, increase investment, and expand platform for secure hybrid work Citrix to combine with Vista portfolio company TIBCO Software to create global digital workspace and data analytics leader Citrix Systems, Inc. (NASDAQ:CTXS) ("Citrix"), today announced that it has entered into a definitive agreement under which affiliates of Vista Equity Partners ("Vista"), a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, and Evergreen Coast Capital Corporation ("Evergreen"),
Citrix Systems, Inc. (NASDAQ:CTXS) today reported financial results for the third quarter ended September 30, 2021 by posting an earnings letter on its Investor Relations website at http://www.citrix.com/investors. Citrix will host a conference call today at 8:15 a.m. ET to address questions. The conference call may be accessed via webcast at http://www.citrix.com/investors. A replay of the audio webcast can be accessed for approximately 90 days on the Investor Relations section of the Citrix corporate website at http://www.citrix.com/investors. About Citrix Citrix (NASDAQ:CTXS) builds the secure, unified digital workspace technology that helps organizations unlock human potential and de
Pacific Gas & Electric Co (NYSE:PCG) will replace Citrix Systems, Inc (NASDAQ:CTXS) in the S&P 500, effective before the market opens on October 3. Vista Equity Partners is acquiring Citrix Systems in a transaction likely to be completed on September 30. Related: EXCLUSIVE: Utility Company PG&E Doubles Knightscope Order For Security Robots S&P MidCap 400 constituent EQT Corp (NYSE:EQT) will replace Duke Realty Corp (NYSE:DRE) in the S&P 500 effective before trading on Monday, October 3. Prologis Inc (NYSE:PLD) is acquiring Duke Realty. EQT recently raised 1.0 billion in senior notes consisting of $500 million via an underwritten public offering. Price Action: PCG shares traded high
- Dow Jones Citing Wall Street Journal
Banks seeking to sell some of the debt backing the $16.5 billion leveraged buyout of Citrix Systems Inc (NASDAQ:CTXS) to investors saw more demand than they could fill, Reuters reports. Banks led by Bank of America Corp (NYSE:BAC), Credit Suisse Group (NYSE:CS), and Goldman Sachs Group Inc (NYSE:GS) agreed to provide $15 billion in junk-rated debt to investment firms Vista Equity Partners and Elliott Investment Management LP for the acquisition of Citrix. In January, Vista and Evergreen Coast Capital affiliates agreed to acquire Citrix in an all-cash transaction valued at $16.5 billion, including debt at a 30% premium. The inflation-induced central bank interest rate hikes made the Citr