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Fly News Breaks for November 13, 2015
CSCO
Nov 13, 2015 | 08:18 EDT
Drexel Hamilton analyst Brian White said Cisco reported a strong Q1 but provided conservative Q2 outlook due to macro weakness. Despite the soft outlook, White believes Cisco remains inexpensive given strong execution and an expected second half product ramp. White recommends buying Cisco into weakness and reiterates his Buy rating and trimmed his price target to $34 from $35 on shares.
News For CSCO From the Last 2 Days
CSCO
Apr 15, 2024 | 16:23 EDT
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
CSCO
Apr 15, 2024 | 12:52 EDT
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
CSCO
Apr 15, 2024 | 09:41 EDT
CSCO
Apr 15, 2024 | 06:06 EDT
BofA analyst Tal Liani upgraded Cisco to Buy from Neutral with a price target of $60, up from $55. The analyst sees three catalysts for growth acceleration: networking to normalize and see renewed growth driven by share gains, security growth to accelerate with the help of firewall stabilization and new product launches, and growth synergies from the Splunk acquisition. While Cisco's next two quarters will remain pressured, this weakness is fully reflected in Street expectations, the analyst tells investors in a research note.
