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Fly News Breaks for June 25, 2019
CSCO
Jun 25, 2019 | 07:49 EDT
Cowen analyst Paul Silverstein said Cisco remains his "Best idea" for 2019. He cited confidence in its earnings power from an improving comps position, ongoing shift to recurring software revenue, and increasing strategic significance of the network. Silverstein reiterated his Outperform rating and $65 price target on Cisco shares.