Evercore ISI analyst Kirk Materne maintained a Hold rating on Citrix Systems (NASDAQ:CTXS) on Friday, setting a price target of $153, which is approximately 23.54% above the present share price of $123.85.
Materne expects Citrix Systems to post earnings per share (EPS) of $0.91 for the second quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Citrix Systems, with an average price target of $150.56.
The analysts price targets range from a high of $180 to a low of $130.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $809.66 million and a net profit of $135.29 million. The company's market cap is $15.38 billion.
According to TipRanks.com, Evercore ISI analyst Kirk Materne is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 28.3% and a 82.79% success rate.
Citrix Systems, Inc. engages in the design, development, and marketing of information technology solutions. It provides digital workspace that unifies apps, data, and services. It markets and licenses its products directly to customers through web, systems integrators, value-added resellers, and service providers. The company was founded by Edward E. Iacobucci on April 17, 1989 and is headquartered in Fort Lauderdale, FL.