Citrix Systems Stock Forecast NASDAQ:CTXS

Price Target and Analyst Ratings

Most Recent Rating

On July 30, 2021 "Morgan Stanley" gave "$143.00 - $90.00" rating for CTXS. The price target was set to $101.02+2.0%.

Last 30 Days

Historical Ratings

Date	Rating	Action	Authority	Current Price	Target Price
2021-07-30	$143.00 - $90.00	Target Lowered by	Morgan Stanley	$100.75	$101.02+2.0%
2021-07-30	$150.00 - $110.00	Target Lowered by	Royal Bank of Canada	$100.75	$97.09→1.9%
2021-07-30	$175.00 - $120.00	Target Lowered by	Jefferies Financial Group	$100.75	$99.00→13.6%
2021-07-30	$85.00	Downgraded by	Barclays	$100.75	$99.00→13.6%
2021-05-06	Equal Weight	Target Lowered by	Morgan Stanley	$121.69	$150.00 → $143.00
2021-04-30	Equal Weight	Target Lowered by	Morgan Stanley	$123.85	$150.00 → $143.00
2021-04-27	Hold - Buy	Upgraded by	Jefferies Financial Group	$140.34	$150.00 → $180.00
2021-04-21	Hold - Buy	Upgraded by	Jefferies Financial Group	$141.50	$150.00 → $180.00
2021-04-13	Underperform	Initiated by	Bank of America	$139.00
2021-01-20		Target Raised by	Royal Bank of Canada	$132.58	$145.00 → $150.00
2020-10-23		Target Lowered by	Royal Bank of Canada	$122.72	$162.00 → $145.00
2020-10-23		Target Raised by	Smith Barney Citigroup	$122.72	$195.00 → $205.00
2020-10-23	Overweight - Equal Weight	Downgraded by	Morgan Stanley	$122.72	$140.00
2020-10-23	Outperform	Target Lowered by	Raymond James	$122.72	$185.00 → $145.00
2020-10-13	Neutral	Initiated by	UBS Group	$144.03
2020-07-20	Equal Weight - Overweight	Upgraded by	Barclays	$167.73	$135.00 → $180.00
2020-07-14	Overweight	Target Raised by	Wells Fargo & Co	$153.67	$165.00 → $175.00
2020-06-24	Average - Conviction-Buy	Target Raised by	Goldman Sachs Group	$142.17	$154.00 → $172.00
2020-05-07	Sell - Strong Sell	Downgraded by	Cfra	$150.68	$109.00
2020-04-27		Target Raised by	Wells Fargo & Co	$147.48	$150.00 → $165.00
2020-04-24	Buy	Reiterated by	Wells Fargo & Co	$146.04
2020-04-24		Target Raised by	Jefferies Financial Group	$146.04	$110.00 → $140.00
2020-04-24	Neutral	Target Raised by	Robert W. Baird	$146.04	$135.00 → $140.00
2020-04-24	Buy	Target Raised by	Deutsche Bank	$146.04	$175.00 → $200.00
2020-04-24	Overweight	Target Raised by	Morgan Stanley	$146.04	$160.00 → $165.00
2020-04-24	Sector Perform	Target Raised by	Royal Bank of Canada	$146.04	$147.00 → $153.00
2020-04-23	Hold	Reiterated by	Oppenheimer	$141.56
2020-04-19	Hold	Reiterated by	Royal Bank of Canada	$150.41	$147.00
2020-04-17	Buy	Target Raised by	Citigroup	$150.41	$124.00 → $172.00

CTXS Stock Trend

The stock lies the upper part of a wide and falling trend in the short term, and this may normally pose a very good selling opportunity for the short-term trader as reaction back towards the lower part of the trend can be expected. A break up at the top trend line at $111.63 will firstly indicate a slower falling rate, but may be the first sign of a trend shift.

Given the current short-term trend, the stock is expected to fall -10.64% during the next 3 months and, with a 90% probability hold a price between $81.49 and $99.75 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

WARNING: Trend forecast is still in the development phase and should be used with caution. Some cases might produce unexpected results such as negative prices at the end of the trend.

Data

Date	Bottom	Mid	Top
2021-09-23	$90.98	$101.20	$111.42
2021-09-24	$90.77	$100.99	$111.20
2021-09-27	$90.56	$100.78	$110.99
2021-09-28	$90.35	$100.57	$110.78
2021-09-29	$90.14	$100.36	$110.57
2021-09-30	$89.93	$100.14	$110.36
2021-10-01	$89.72	$99.93	$110.15
2021-10-04	$89.51	$99.72	$109.94
2021-10-05	$89.30	$99.51	$109.73
2021-10-06	$89.09	$99.30	$109.52
2021-10-07	$88.87	$99.09	$109.31
2021-10-08	$88.66	$98.88	$109.09
2021-10-11	$88.45	$98.67	$108.88
2021-10-12	$88.24	$98.46	$108.67
2021-10-13	$88.03	$98.25	$108.46
2021-10-14	$87.82	$98.04	$108.25
2021-10-15	$87.61	$97.82	$108.04
2021-10-18	$87.40	$97.61	$107.83
2021-10-19	$87.19	$97.40	$107.62
2021-10-20	$86.98	$97.19	$107.41
2021-10-21	$86.76	$96.98	$107.20
2021-10-22	$86.55	$96.77	$106.99
2021-10-25	$86.34	$96.56	$106.77
2021-10-26	$86.13	$96.35	$106.56
2021-10-27	$85.92	$96.14	$106.35
2021-10-28	$85.71	$95.93	$106.14
2021-10-29	$85.50	$95.71	$105.93
2021-11-01	$85.29	$95.50	$105.72
2021-11-02	$85.08	$95.29	$105.51
2021-11-03	$84.87	$95.08	$105.30

About Citrix Systems

Citrix Systems, Inc. develops and sells products and services that enable delivery of applications and data over public, private, or hybrid clouds or networks to various types of devices. The companys Enterprise and Service Provider segment provides XenDesktop, a desktop virtualization system that gives customers the flexibility to deliver desktops and applications as cloud services; XenApp that allows Windows applications to be delivered as cl... Read more

Golden Star Signal

This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star.

This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!

Get access to Golden Star list now!