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Fly News Breaks for August 13, 2015
CSCO
Aug 13, 2015 | 05:42 EDT
Piper Jaffray analyst Troy Jensen views Cisco's Q4 results as solid and he expects the company to benefit from a switching upgrade cycle in 2015. Shares remain "relatively inexpensive" with little downside risk, Jensen tells investors in a post-earnings research note. He reiterates an Overweight rating on Cisco with a $34 price target.
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