Citrix (CTXS +2.7%) rallies after Jefferies upgrades shares to Buy. The firm says its "field...

|About: Citrix Systems, Inc. (CTXS)|By:, SA News Editor

Citrix (CTXS +2.7%) rallies after Jefferies upgrades shares to Buy. The firm says its "field work" indicates PC virtualization projects (Citrix is the market leader here) remain a business priority; views analyst estimates as "undemanding," thinks there's "potential for better growth" in Citrix's data center business (includes server virtualization and IT/cloud management software); and notes the expansion of Citrix's desktop business beyond its traditional thin client/virtualization focus.