Citrix Systems to Announce First Quarter 2017 Financial Results on Wednesday, April 26
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UPDATE: Market bears resurface, S&P 500 balks at the breakdown point
UPDATE: S&P 500 survives test of 50-day -2-
UPDATE: S&P 500 survives test of 50-day average amid technical cross currents
Citrix Systems CTXS announced first-quarter results that were within the range of our own forecasts. However, because of an ongoing investigation into stock-option backdating, the company has been unable to file its 2006 annual report. Although we anticipate increasing our fair value estimate by a ...
The firm's strategy and market opportunities support our $100 per share fair value estimate and narrow moat rating.
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