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Fly News Breaks for October 19, 2018
CTXS
Oct 19, 2018 | 07:48 EDT
Wedbush analyst Daniel Ives initiated Citrix Systems with a Neutral rating and $115 price target, telling investors in a research note that he is confident in the company's ability to execute on margin expansion in 2019 and beyond, although this remains a "prove me" story on this front and will be a clear balancing act along with significant investments potentially needed to catalyze the cloud business.
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