Piper Jaffray analyst Troy Jensen recommends using the post-earnings pullback in shares of Cisco Systems as a buying opportunity. Currency headwinds are a "minor hiccup" and the stock remains relatively inexpensive, Jensen tells investors in a research note. He believes Cisco's product portfolio is strengthening in the marketplace even though the company's Q2 revenue growth outlook of flat to 2% missed its long-term target growth rate of 3%-6%. The analyst lowered his price target for shares to $31 from $34 and reiterates an Overweight rating on the name. Cisco traded down $1.41 to $26.42 last night in after-hours trading.

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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