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Fly News Breaks for June 10, 2015
CSCO
Jun 10, 2015 | 07:35 EDT
After attending Cisco's investor event, Oppenheimer says that the evolution of the company's consumption models has caused its deferred and recurring revenue, along with its visibility, to rise. The firm adds that the company's key architectures are gaining mind share, and the firm predicts that the stock's multiple will rise. Oppenheimer keeps a $32 price target and Outperform rating on the shares.
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