Breaking News Instant updates and real-time market news.

CTXS

Citrix

$100.45

-0.4 (-0.40%)

05:29
04/25/19
04/25
05:29
04/25/19
05:29

Citrix shares 'significantly overvalued' amid 'modest' growth, says Jefferies

Following the company's Q1 results, Jefferies analyst John DiFucci continues to view shares of Citrix Systems as "significantly overvalued." He maintains an Underperform rating on the name with an $85 price target. The analyst continues to view Citrix as a "well-run operation with near-optimized profitability and very modest growth."

CTXS Citrix
$100.45

-0.4 (-0.40%)

10/25/18
JEFF
10/25/18
NO CHANGE
Target $85
JEFF
Underperform
Citrix shares remain overvalued after 'decent' Q3, says Jefferies
Jefferies analyst John DiFucci views Citrix Systems' Q3 results as "decent," saying it exceeded "modest expectations" driven by upside to Product & License. The analyst sees the company's valuation "as among the greatest dislocations in Software." He raised his price target for the shares to $85 from $83 and keeps an Underperform rating on Citrix.
01/24/19
JEFF
01/24/19
NO CHANGE
Target $85
JEFF
Underperform
Citrix 'significantly' overvalued on 'modest' growth, says Jefferies
Jefferies analyst John DiFucci says Citrix Systems results last night were "blamed on a transition to subscription, which has been going on for some time." The analyst continues to view Citrix as "well-run with near-optimized profitability and modest growth." He finds the stock "significantly" overvalued and keeps an Underperform rating on the shares with an $85 price target.
01/24/19
WEDB
01/24/19
NO CHANGE
Target $110
WEDB
Neutral
Citrix price target lowered to $110 from $115 at Wedbush
Wedbush analyst Daniel Ives lowered his price target for Citrix to $110 from $115 to reflect a bit more caution around the company's growth trajectory for 2019 and beyond. The analyst notes that the company delivered a "solid" Q4 and ended 2018 on a positive note after going through a complex restructuring and focus on moving to a cloud/subscription model over the past 18 months. That said, while the company maintained its guidance for 2019, it gave a softer than expected outlook for the March quarter with networking as the main culprit of weakness, he adds. Ives reiterates a Neutral rating on the shares.
03/12/19
PIPR
03/12/19
NO CHANGE
Target $157
PIPR
Underweight
F5 acquisition of NGINX a defensive one, says Piper Jaffray
Piper Jaffray analyst James Fish says that while his firm is "big fans" of NGINX and what it could bring to F5 Networks (FFIV), the company lacks a controller, likely lowers medium-term estimates, could commoditize some of F5's base, and creates fear that F5's software-only solutions are struggling. This was a defensive acquisition, Fish tells investors in a research note. To the analyst's knowledge, F5 competitor Citrix Systems (CTXS) was already trying to acquire NGINX. F5 was likely leveraging NGINX within its coming software-only solution and couldn't let that fall to a direct competitor, says Fish. He's concerned around the "medium-term headwinds to estimates" but is encouraged by the long-term strategy of the deal. The analyst keeps an Underweight rating on F5 Networks with a $157 price target.

TODAY'S FREE FLY STORIES

$NSD

NASDAQ Market Internals

$0.00

(0.00%)

11:17
06/24/19
06/24
11:17
06/24/19
11:17
Technical Analysis
NASDAQ market internals summary »

Volume is above average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

$NYE

NYSE Market Internals

$0.00

(0.00%)

11:16
06/24/19
06/24
11:16
06/24/19
11:16
Technical Analysis
NYSE market internals summary »

Volume is below average…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

UPS

UPS

$100.87

-1.29 (-1.26%)

11:15
06/24/19
06/24
11:15
06/24/19
11:15
Options
UPS put volume heavy and directionally bearish »

Bearish flow noted in UPS…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jun

  • 26

    Jun

  • 24

    Jul

11:15
06/24/19
06/24
11:15
06/24/19
11:15
General news
Breaking General news story  »

6-Month Bill Auction to…

11:15
06/24/19
06/24
11:15
06/24/19
11:15
General news
Breaking General news story  »

3-Month Bill Auction to…

SRPT

Sarepta

$127.90

-2.01 (-1.55%)

, PFE

Pfizer

$43.59

-0.09 (-0.21%)

11:11
06/24/19
06/24
11:11
06/24/19
11:11
On The Fly
Before the Move: Watch Sarepta ahead of Pfizer's DMD gene therapy data »

Ahead of the Parent…

SRPT

Sarepta

$127.90

-2.01 (-1.55%)

PFE

Pfizer

$43.59

-0.09 (-0.21%)

SLDB

Solid Biosciences

$4.91

-0.07 (-1.41%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 30

    Jul

  • 19

    Aug

  • 28

    Aug

  • 16

    Sep

GLW

Corning

$33.15

-0.1 (-0.30%)

11:08
06/24/19
06/24
11:08
06/24/19
11:08
Recommendations
Corning analyst commentary  »

Drop in LCD TV panel…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

TSN

Tyson Foods

$81.18

1.87 (2.36%)

11:05
06/24/19
06/24
11:05
06/24/19
11:05
Options
Tyson Foods call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BMY

Bristol-Myers

$45.86

-3.5 (-7.09%)

, CELG

Celgene

$94.16

-4.76 (-4.81%)

10:59
06/24/19
06/24
10:59
06/24/19
10:59
Periodicals
Bristol-Myers' merger headaches could be 'contagious,' STAT News says »

Bristol-Myers Squibb…

BMY

Bristol-Myers

$45.86

-3.5 (-7.09%)

CELG

Celgene

$94.16

-4.76 (-4.81%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 27

    Jun

  • 25

    Jul

  • 03

    Sep

  • 16

    Sep

  • 04

    Dec

  • 25

    Mar

  • 04

    Apr

LN

Line Corp.

$28.08

-0.17 (-0.60%)

10:54
06/24/19
06/24
10:54
06/24/19
10:54
Upgrade
Line Corp. rating change  »

Line Corp. now fairly…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

FXI

iShares China Large-Cap ETF

$42.65

0.15 (0.35%)

10:50
06/24/19
06/24
10:50
06/24/19
10:50
Options
Heavy call volume in China Largecap ETF adjusts existing position »

Heavy call volume in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

PAVM

PAVmed

$1.24

0.015 (1.22%)

10:49
06/24/19
06/24
10:49
06/24/19
10:49
Hot Stocks
PAVmed announces FDA 510(k) clearance for EsoCheck »

PAVmed announced that its…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Jun

LN

Line Corp.

$28.08

-0.17 (-0.60%)

10:46
06/24/19
06/24
10:46
06/24/19
10:46
Upgrade
Line Corp. rating change at Goldman Sachs »

Line Corp. upgraded to…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

DBX

Dropbox

$25.29

0.3 (1.20%)

10:45
06/24/19
06/24
10:45
06/24/19
10:45
Options
Dropbox call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

10:45
06/24/19
06/24
10:45
06/24/19
10:45
General news
U.S. Dallas Fed manufacturing index dropped another 6.8 points to -12.1 in June »

U.S. Dallas Fed…

AMZN

Amazon.com

$1,906.00

-4.42 (-0.23%)

, ULTA

Ulta Beauty

$354.70

-1.07 (-0.30%)

10:41
06/24/19
06/24
10:41
06/24/19
10:41
Hot Stocks
Amazon Business launches Amazon Professional Beauty Store »

Amazon (AMZN) has…

AMZN

Amazon.com

$1,906.00

-4.42 (-0.23%)

ULTA

Ulta Beauty

$354.70

-1.07 (-0.30%)

SBH

Sally Beauty

$14.65

-0.14 (-0.95%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 25

    Jun

  • 10

    Jul

  • 29

    Aug

AEGN

Aegion

$16.86

0.17 (1.02%)

10:38
06/24/19
06/24
10:38
06/24/19
10:38
Hot Stocks
Aegion appoints John Heggemann Chief Accounting Officer »

Aegion Corporation…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

10:37
06/24/19
06/24
10:37
06/24/19
10:37
General news
Dallas Fed Mfg Survey General Activity Index data reported »

June Dallas Fed Mfg…

NOW

ServiceNow

$282.05

-3.7 (-1.29%)

10:35
06/24/19
06/24
10:35
06/24/19
10:35
Options
ServiceNow put volume heavy and directionally bearish »

Bearish flow noted in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

BHVN

Biohaven Pharmaceutical

$40.80

-0.26 (-0.63%)

10:33
06/24/19
06/24
10:33
06/24/19
10:33
Conference/Events
Biohaven Pharmaceutical management to meet with Oppenheimer »

Meeting to be held in…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 26

    Jun

LVS

Las Vegas Sands

$59.26

0.08 (0.14%)

10:25
06/24/19
06/24
10:25
06/24/19
10:25
Options
Las Vegas Sands call volume above normal and directionally bullish »

Bullish option flow…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

SPLK

Splunk

$123.84

-0.41 (-0.33%)

, HMSY

HMS Holdings

$31.56

-0.3 (-0.94%)

10:24
06/24/19
06/24
10:24
06/24/19
10:24
Initiation
Fly Intel: Top five analyst initiations »

Catch up on today's…

SPLK

Splunk

$123.84

-0.41 (-0.33%)

HMSY

HMS Holdings

$31.56

-0.3 (-0.94%)

CNCE

Concert Pharmaceuticals

$11.60

0.7 (6.42%)

AWI

Armstrong World

$97.57

-0.25 (-0.26%)

RMTI

Rockwell Medical

$3.03

0.04 (1.34%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jun

  • 25

    Jun

  • 25

    Jun

  • 26

    Jun

  • 09

    Jul

  • 11

    Jul

SON

Sonoco

$64.65

-0.75 (-1.15%)

, OXY

Occidental Petroleum

$50.26

-0.36 (-0.71%)

10:24
06/24/19
06/24
10:24
06/24/19
10:24
Downgrade
Fly Intel: Top five analyst downgrades »

Catch up on today's…

SON

Sonoco

$64.65

-0.75 (-1.15%)

OXY

Occidental Petroleum

$50.26

-0.36 (-0.71%)

IP

International Paper

$42.60

-1.02 (-2.34%)

SHOP

Shopify

$314.70

-11.98 (-3.67%)

SPOT

Spotify

$149.34

1.17 (0.79%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jun

  • 18

    Jul

  • 27

    Aug

  • 04

    Sep

  • 05

    Sep

  • 05

    Sep

  • 17

    Oct

UTX

United Technologies

$129.86

1.08 (0.84%)

, DE

Deere

$167.61

3.32 (2.02%)

10:24
06/24/19
06/24
10:24
06/24/19
10:24
Upgrade
Fly Intel: Top five analyst upgrades »

Catch up on today's…

UTX

United Technologies

$129.86

1.08 (0.84%)

DE

Deere

$167.61

3.32 (2.02%)

AGCO

Agco

$76.46

1.75 (2.34%)

RCII

Rent-A-Center

$24.45

0.27 (1.12%)

TWNK

Hostess Brands

$14.14

0.25 (1.80%)

DNKN

Dunkin' Brands

$80.65

1.11 (1.40%)

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 24

    Jun

  • 25

    Jun

  • 26

    Jun

  • 09

    Jul

  • 10

    Jul

  • 17

    Jul

HD

Home Depot

$208.70

-0.75 (-0.36%)

10:23
06/24/19
06/24
10:23
06/24/19
10:23
Hot Stocks
Breaking Hot Stocks news story on Home Depot »

Home Depot CEO says…

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

  • 28

    Jun

  • 20

    Aug

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.