Analysts: Citrix Licensing Will Rebound and 2 Other Research Notes to Look Into
Citrix Systems (NASDAQ:CTXS): Susquehanna has lowered its price target from $95 to $85, but believes that the company is well positioned, with a strong pipeline and believes that the desktop licensing growth will rebound. The firm would be buyers on weakness, and maintains a Positive rating on the shares.
Qualcomm (NASDAQ:QCOM): RBC Capital is expecting the chip maker to benefit well from major smartphone refreshes by manufacturers later this year, and believes that the underlying trends are positive. Weaknesses create a buying opportunity, and the firm maintains an Outperform rating on the shares.
Yum! (NYSE:YUM): RBC Capital believes that several factors, such as the company’s reiteration of its EPS guidance and the outlook for negative China comps through Q4 have essentially de-risked the stock. It raised its price target on the shares from $69 to $75, and rates the shares at Outperform.
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