Citrix Systems Inc
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Information Technology : Software | Mid Cap Blend
Company profile

Citrix Systems, Inc. offers Enterprise and Service Provider products, which include Workspace Services solutions and Delivery Networking products. The Company's Enterprise and Service Provider products include Cloud Services solutions, and related license updates and maintenance, support and professional services. The Company's NetScaler nCore Technology is an architecture that enables execution of multiple packet engines in parallel. The Company's workspace services include Application Virtualization and virtual desktop infrastructure (VDI), Enterprise Mobility Management and Citrix Workspace Suite. The Company's NetScaler ADC is a software-defined application delivery controller (ADC) and load balancer. The Company's Cloud Services include ShareFile and Citrix Cloud. It provides various ways for customers to receive upgrades, support and maintenance for products, which include Software Maintenance, Subscription Advantage, Technical Support Services and Hardware Maintenance.

Premarket

Last Trade
Delayed
$138.99
2.63 (1.93%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$136.36
Day's Change
0.00 (0.00%)
Bid close
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Ask close
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
3,058

10-day average volume:
1,164,498
3,058

UPDATE: Disney stock gets an upgrade at Deutsche Bank

11:18 am ET September 8, 2020 (MarketWatch)
Print

Deutsche Bank analyst Bryan Kraft upgraded shares of Walt Disney Co. (DIS) to buy from hold Tuesday, writing of his confidence in the company's execution on its direct-to-consumer (DTC) strategy. The company has "the most clear path to successfully transitioning its general entertainment programming and content production businesses into a globally scaled, vertically integrated streaming entertainment leader," Kraft wrote. "The clearest sign that Disney is succeeding in transitioning its business model, aside from the impressive subscriber results, has been management's decision to shut down some of its traditional networks in international markets, including the UK," he continued, as Disney has seen willing to write down the goodwill associated with such moves. This strikes Kraft as "a sign of confidence that DTC will more than offset lost network revenue." He raised his price target on the stock to $163 from $128. Disney shares are up 3.6% in Tuesday trading. The shares have rallied about 7% over the past three months as the Dow Jones Industrial Average has gained 0.6%.

-Emily Bary; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

September 08, 2020 11:18 ET (15:18 GMT)

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