Goldman Sachs analyst Rod Hall added Cisco Systems (CSCO) to his firm's Americas Conviction List and raised his price target for the shares to $54 from $51. The analyst also removed Nutanix (NTNX) from the Americas Conviction List but keeps a Buy rating on the name. As market volatility increases, Cisco provides a "relatively defensive" name in the sector, Hall tells investors in a research note. The analyst raised his cash flow estimates saying Cisco's end markets "remain healthy and improving." He notes that the stock, despite outperforming year-to-date, continues to trade at a "significant" discount.

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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here