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Fly News Breaks for December 14, 2018
CSCO
Dec 14, 2018 | 16:44 EDT
Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Cisco as the "ongoing transition to more value-added, software-defined networking continues to drive an increasing return on capital." Feinseth also sees Cisco benefiting from the rapid growth of its IT and data security service offerings. He concludes that "significant upside exists from current levels" and he continues to recommend purchase.