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Fly News Breaks for August 16, 2018
CSCO
Aug 16, 2018 | 07:53 EDT
Cowen analyst Paul Silverstein raised his price target on Cisco to $58 from $51 following strong Q4 results. The analyst believes the company's multiple is going to continue to appreciate towards a market multiple and he believes the Street still does not appreciate its great quarter and beat. Silverstein reiterated his Outperform rating on Cisco 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.
