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IBD Rating Upgrades: Citrix Systems Shows Improved Price Strength

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The Relative Strength ( RS ) Rating for Citrix Systems ( CTXS ) headed into a new percentile Friday, as it got a lift from 68 to 71.

[ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's unique rating measures share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.

History reveals that the market's biggest winners often have an RS Rating of above 80 in the early stages of their moves. See if Citrix Systems can continue to show renewed price strength and hit that benchmark.

See How IBD Helps You Make More Money In Stocks

While Citrix Systems is not near a proper buy point right now, see if it goes on to form and break out of a proper base .

Top and bottom line growth moved higher last quarter. Earnings were up 20%, compared to 13% in the prior report. Revenue increased from 3% to 6%.

Citrix Systems holds the No. 9 rank among its peers in the Computer Software-Special Enterprise industry group. Atlassian ( TEAM ), Hubspot ( HUBS ) and Tyler Technologies ( TYL ) are among the top 5 highly rated stocks within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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