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Citrix (CTXS) Looks Good: Stock Adds 5.8% in Session

Citrix (CTXS) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes. Read More...

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Citrix Systems, Inc. CTXS was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $102.97 –$123.51 in the past one-month time frame, witnessed a sharp increase yesterday.” data-reactid=”12″>Citrix Systems, Inc. CTXS was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $102.97 –$123.51 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen a mixed track record when it comes to estimate revision of one increase and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Citrix currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="Citrix Systems, Inc. Price” data-reactid=”15″>Citrix Systems, Inc. Price

Citrix Systems, Inc. Price

Citrix Systems, Inc. price | Citrix Systems, Inc. Quote

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Is CTXS going up? Or down? Predict to see what others think:Up or Down

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To read this article on Zacks.com click here.” data-reactid=”33″>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Microsoft Corporation (MSFT) : Free Stock Analysis Report
 
Citrix Systems, Inc. (CTXS) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.

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