C'mon Citrix! Looks like she is starting to wake up!
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Earnings Thursday. I believe another beat is in store for CTXS. Here we have an undervalued cloud stock.
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this stock will sell off for 3 days. wait until third day before buying
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Initiated a position today. GL!
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130s soon baby!
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Ctxs testing my patience!
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Just initiated a position in CTXS. Also bought some NTNX. Two great stocks with lots of potential!
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110 looks like the bottom, it is oversold at this point.
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This and $VMW are the only two cloud stocks worth it to buy and reasonably priced IMO (aside from Google and MSFT), everything else is just massive hype and way over-extended.
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I purchased today at 126.74. I believe that this emotional overreaction by the market will be short-lived and it will be up 5-10% by the end of the month.
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No sweat! There's no reason for this stock to go down as it is today. By day's end it should be back up to at least $130.00 if not higher. Look at the numbers no justification for going down.
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Dude, what happened today. It was up almost 2 points and then CRASHED, down 4 pts from 2 hrs ago with no explanation. Strange reaction to new product release.
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Citrix Systems downgraded at Morgan Stanley on lack of 'meaningful' cloud progress :(
Despite yesterday's "solid" Q3 earnings report, Morgan Stanley downgrades Citrix Systems (NASDAQ:CTXS) from Overweight to Equal Weight and cuts the price target from $165 to $140.
Analyst Sanjit Singh notes that the company's SaaS business has now decelerated for four straight quarters as "migrating existing maintenance customers to cloud has progressed more slowly than expected."
Singh says the "lack of more meaningful cloud progress likely further elevates the debate on the durability of long term growth."
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CNBC will discussing CITRIX .
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Earned $0.78 for the quarter without all the funny adjustments. PE is just way too high.
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$CTXS Maintains Raymond James Financial Outperform USD 185 » USD 145 Downgrades Morgan Stanley Equal-Weight USD 140
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I think an argument can be made for a stake at these levels.
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how l o w can it go
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Pump and dump
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I started following "lionstock-aletrs” (Gooogle it - off course without any space or dash in between the words) and their notifications are better than anyone else.
Two great stocks with lots of potential!
Despite yesterday's "solid" Q3 earnings report, Morgan Stanley downgrades Citrix Systems (NASDAQ:CTXS) from Overweight to Equal Weight and cuts the price target from $165 to $140.
Analyst Sanjit Singh notes that the company's SaaS business has now decelerated for four straight quarters as "migrating existing maintenance customers to cloud has progressed more slowly than expected."
Singh says the "lack of more meaningful cloud progress likely further elevates the debate on the durability of long term growth."
Maintains Raymond James Financial Outperform USD 185 » USD 145
Downgrades Morgan Stanley Equal-Weight USD 140