Jefferies analyst John DiFucci believes Citrix's formation of a committee to review margin and capital opportunities "speaks to the company's continued struggle to maintain relevance." The company's margins have improved meaningfully since Elliott Management's involvement just over two years ago, but its top line remains a concern, DiFucci tells investors in a research note. He believes Citrix's value is "meaningfully below" current levels and keeps an Underperform rating on the name with a $61 price target. The shares in after-hours trading are down 4% to $77.00.