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Fly News Breaks for July 17, 2017
CTXS
Jul 17, 2017 | 07:44 EDT
RBC Capital analyst Matthww Hedberg says he was surprised by the departure of Citrix CEO Kirill Tatarinov. However, the analyst says that Henshall's experience and his focus on costs make him "the logical" choice. Hedberg says that Henshall is "more suited" to manage a company that's transforming and focused on margins than his predecessor who "may have been more growth oriented." The analyst keeps a Sector Perform rating on the stock.
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