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Fly News Breaks for August 16, 2018
CSCO
Aug 16, 2018 | 08:26 EDT
RBC Capital analyst Mitch Steves raised his price target on Cisco to $52 from $50 and kept his Outperform rating after its "solid" Q4 results and guidance. The analyst believes that the company's recurring revenue will accelerate from its 32% of the total given continued growth in applications and security, which will allow Cisco to continue growing at mid-single digits in the near future and see operating margins expand. Steves is also positive on the shares based on the company's remaining $19B repurchase program.
News For CSCO From the Last 2 Days
CSCO
Apr 22, 2024 | 16:28 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 22, 2024 | 12:15 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 22, 2024 | 09:47 EDT
