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Fly News Breaks for August 18, 2016
CSCO, CYBR, IMPV
Aug 18, 2016 | 07:29 EDT
After Cisco (CSCO) indicated that it would reinvest some of its savings from layoffs into the expansion of its IT security offerings,. JMP Securities analyst Erik Suppiger says that the tech giant could look to buy IT security companies Imperva (IMPV) and CyberArk (CYBR).The analyst keeps Outperform ratings on both of the latter stocks.
News For IMPV;CYBR;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.
