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Fly News Breaks for July 31, 2015
CTXS
Jul 31, 2015 | 07:55 EDT
After Citrix announced that it was exploring strategic alternatives for its GoTo line of businesses, Bernstein estimates that the businesses are worth $3.3B, while a spin off of the businesses could provide an even higher valuation. The firm keeps a $96 price target and Outperform rating on the shares.
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