Piper Jaffray analyst James Fish is keeping his Overweight rating with a $55 price target on Cisco but notes that his "theoretical" sum-of-the-parts valuation exercise on the company's various product lines and segments gives him a base case valuation of $57 per share. The analyst contends that while he is not calling for a split of the business, he also believes that the stock warrants a higher valuation than the market is offering. Fish sees "good" risk-reward on Cisco at current levels as long as the company's growth segments that include SD-WAN, HyperFlex, Collaboration SW, AppD and Security SW continue to execute.

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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