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Fly News Breaks for January 23, 2020
VMW, CTXS
Jan 23, 2020 | 05:19 EDT
Jefferies analyst Brent Thill raised his price target for Citrix Systems (CTXS) to $115 from $105 after the company reported Q4 results above expectations and reiterated free cash flow of $7-$8 per share in 2020. Metrics suggest ongoing progress in the Citrix's transition, Thill tells investors in a research note. However, he remains cautious on the company's product and competitive backdrops. As such, the analyst keeps a Hold rating on the shares. Thill prefers VMware (VMW) over Citrix due to "better" fundamentals and growth prospects at a similar valuation.
News For CTXS;VMW From the Last 2 Days
VMW
May 19, 2022 | 17:24 EDT
Large, Mid & Small Cap Software Analyst Murphy discusses the CRM & VMW FQ1:2023 Partner Surveys on an Analyst/Industry conference call to be held on May 20 at 11 am.