PE of 21, and a PEG of 0.93.

J.P.Morgan said it is upgrading Citrix (CTXS) to Overweight from Neutral based on valuation and low market expectations. Note that shares trade at 22% discount to NPV of recurring revenue. Price target at $26.

it has worked for me

Citrix Systems (CTXS) was downgraded to Hold rating from Buy at Jefferies. Price target cut to $32 from $40 while 2008 eps estimates hold at $1.61.

Citrix Systems Inc., a developer of infrastructure technology used to deploy software, said last week its board approved the repurchase of up to an additional $300 million of its common stock.

The business software maker also recently announced it fiscal fourth-quarter profit and sales beat Wall Street estimates.

The stock has a forward PE of 16.

The stocks with the highest risk, Pritchard says, are Citrix Systems (ticker: CTXS), an application-delivery software outfit, and Blade-Logic (BLOG), a maker of data-center software. And, owing to the financial-services industry's turmoil, Pritchard sees business-software makers Computer Associates (CA) and BMC Software (BMC) as somewhat vulnerable.

Citrix Systems (CTXS) was upgraded from Market Perform to Outperform, Friedman, Billings Ramsey said. Field checks look positive heading into 2008. Estimates also raised. $50 price target.

Deutsche Bank said it is upgrading Citrix Systems (CTXS) to a Buy rating on increasing conviction that XenSoure is a legitimate #2 vendor in the virtualization market.

The co will beat topline in Q3 and raise Q4; The uptake of their latest product is great; steets still not caught up yet

Buy - Price 36.85 on Sept. 5
by Lazard Capital Markets
Applications-delivery and solutions firm Citrix Systems announced a tuck-in acquisition of privately held Quicktree....We believe Quicktree had little revenue, and that the acquisition was for less than $5 million. Risks include acquisition risk, uncertainty on the core growth rate of the presentation-server business, the highly competitive marketplace, the fact that Citrix is late [with] SEC filings, and the company's ability to execute its business strategy....We think the shares are undervalued at current levels. Our price target of 43 equates to 23.5 times our 2008 [earnings per share] estimate.

highly vunerable

Bagged me

shorts win every time it should move up