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

Markets & Finance

CS First Boston Upgrades Citrix Systems to Outperform

Credit Suisse First Boston upgraded Citrix Systems (CTXS) to outperform from neutral.

Analyst John Rizzuto says recent checks into the enterprise software maker's reseller channel leaves him more confident in Citrix's prospects. Despite investors' concern about the company's long-term visibility, he thinks Citrix is in the strongest position it's enjoyed in several years. He says Citrix's business acceleration is being driven by its sales strategy, which focuses on better training and solutions for resellers, and is augmented by an expanding enterprise-resource manager program.

Rizzuto upped the first-quarter estimate to 19 cents earnings per share on $159 million revenue, from 17 cents earnings per share on $153 million revenue. He raised the 2004 earnings per share estimate to 83 cents on $685 million revenue, from 81 cents earnings per share on $680 million revenue.

blog comments powered by Disqus