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Fly News Breaks for February 22, 2017
CSCO
Feb 22, 2017 | 07:43 EDT
UBS analyst Steven Milunovich said Cisco's fundamentals are mixed and that the company is at an important juncture. With its core business under attack from competitors, boosting revenues may require aggressive M&A, said Milunovich, who reiterated his Buy rating and $37 price target on Cisco shares.