Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Markets & Finance

Thomas Weisel Ups Citrix Systems to 'Outperform'

Thomas Weisel upgraded enterprise software maker Citrix Systems (CTXS) to outperform from peer perform.

Analyst Tom Ernst says the Street estimates and current valuation don't include revenue growth acceleration from the upcoming release of MetaFrame 3.0, which he expects to be available in May. He says contrary to the Street, the company's business was fundamentally healthy on new products, the upcoming product cycle, an improving environment, and increased visibility. He notes Citrix effected a 7% to 10% increase in retail pricing, and will use additional revenue to compensate channel partners.

Ernst expects healthier margins for channel partners to fuel robust sales. He raised the 85 cents 2004 earnings per share estimate to 88 cents, and upped the 95 cents 2005 earnings per share estimate to 98 cents.

blog comments powered by Disqus