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CSCO

Cisco

$45.16

(0.00%)

09:26
05/17/18
05/17
09:26
05/17/18
09:26

Cisco post-earnings stock dip is a buying opportunity, says RBC Capital

RBC Capital analyst Mitch Steves kept his Outperform rating and $50 price target on Cisco, saying the slight pullback in the stock price following the in-line earnings and guidance may be a buying opportunity. The analyst cites continued growth in deferred revenues while also forecasting growth in Switching sales for 2-3 quarters given the backlog and its high margin levels. Steves also notes Cisco's history of buybacks when its stock price traded in $42-$44 per share range, creating a "nice support for the stock".

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    Jul

CSCO Cisco
$45.16

(0.00%)

05/17/18
UBSW
05/17/18
NO CHANGE
Target $51
UBSW
Buy
Cisco business model progress encouraging, says UBS
UBS analyst Steven Milunovich noted Cisco's results were in-line, with revenue growth and EPS slightly ahead of consensus. He views public cloud and competition as headwinds, but finds the business model and culture changes as encouraging. Milunovich reiterated his Buy rating and $51 price target on Cisco shares.
05/17/18
BARD
05/17/18
NO CHANGE
Target $51
BARD
Outperform
Cisco weakness a buying opportunity, says Baird
Baird analyst Jayson Noland said Cisco posted a solid quarter on nearly all metrics and recommended buying the dip in the shares. The analyst said the selloff was due in part to high expectations against its in-line Q4 guidance. Noland reiterated his Outperform rating and $51 price target on Cisco shares.
05/17/18
JMPS
05/17/18
NO CHANGE
JMPS
Market Perform
Cisco results bode well for Arista, Nutanix and Palo Alto, says JMP Securities
JMP Securities analyst Erik Suppiger said Cisco (CSCO) noted strength in data center and campus switching in its Q3 earnings report, which suggests to him that demand trends are favorable for Arista Networks (ANET). In the DC business, Cisco noted it grew double digits year-over-year driven by its hyperconverged infrastructure product, which Suppiger sees pointing to favorable demand for Nutanix (NTNX). Additionally, security sales re-accelerated in the quarter to double-digit growth for the first time in over a year, which the analyst reads as a favorable trend for Palo Alto Networks (PANW). On Cisco itself, Suppiger said he sees the stock as fairly valued and he maintains a Market Perform rating on the shares.
05/17/18
MSCO
05/17/18
NO CHANGE
Target $50
MSCO
Overweight
Cisco laying groundwork for upside in FY19, says Morgan Stanley
Following Cisco's report of "strong" Q3 results and "generally positive" comments from management regarding the outlook, Morgan Stanley analyst James Faucette said the earnings call "offered ample evidence" Cisco's software strategy is progressing well. He sees software helping to stabilize equipment replacement cycles and believes the stock will approach $50 as the market becomes more convinced FY19 estimates are too low. Faucette maintains an Overweight rating and $50 price target on Cisco shares.

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INGIY

Ingenico

$0.00

(0.00%)

20:59
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20:59
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20:59
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Ingenico rating change  »

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MSFT

Microsoft

$113.24

1.05 (0.94%)

20:52
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Microsoft announces new AI and mixed reality business applications for Dynamics »

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BWA

BorgWarner

$42.99

-1.17 (-2.65%)

19:34
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BorgWarner sees operating margins in low-13% by FY23 vs 12.4% in FY17 »

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JLL

Jones Lang LaSalle

$144.15

0.795 (0.55%)

19:31
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Jones Lang LaSalle CFO Christie Kelly resigns »

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RACE

Ferrari

$138.31

5.465 (4.11%)

19:24
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Earnings
Ferrari sees FY18 revenue over EUR3.4B »

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SMRT

Stein Mart

$1.97

-0.09 (-4.37%)

, INAP

Internap

$12.39

-0.33 (-2.59%)

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INAP

Internap

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TRVG

Trivago

$5.13

0.26 (5.34%)

PRQR

ProQR Therapeutics

$20.25

-1.4 (-6.47%)

MSFT

Microsoft

$113.24

1.05 (0.94%)

EVOP

EVO Payments

$26.27

-0.42 (-1.57%)

TSM

TSMC

$43.57

-0.2 (-0.46%)

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SPX

S&P 500

$0.00

(0.00%)

, SPY

SPDR S&P 500 ETF Trust

$290.96

1.55 (0.54%)

18:58
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Periodicals
China to place new tariffs on $60B in U.S. exports, WSJ says »

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SPX

S&P 500

$0.00

(0.00%)

SPY

SPDR S&P 500 ETF Trust

$290.96

1.55 (0.54%)

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SQ

Square

$87.97

1.1 (1.27%)

18:55
09/18/18
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18:55
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18:55
Periodicals
Square seeks to bring 'omnichannel' experience to restaurants, CNBC says »

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MSFT

Microsoft

$113.24

1.05 (0.94%)

18:48
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18:48
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18:48
Hot Stocks
Microsoft confirms raised quarterly dividend payment to 46c from 42c per share »

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KL

Kirkland Lake Gold

$17.57

-0.64 (-3.51%)

18:39
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Kirkland Lake Gold acquires shares of Osisko Mining »

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  • 23

    Sep

MSFT

Microsoft

$113.24

1.05 (0.94%)

18:39
09/18/18
09/18
18:39
09/18/18
18:39
Hot Stocks
Breaking Hot Stocks news story on Microsoft »

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  • 21

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OMAB

OMA Airports

$56.18

2.13 (3.94%)

18:23
09/18/18
09/18
18:23
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18:23
Downgrade
OMA Airports rating change at Santander »

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CE

Celanese

$113.41

-0.03 (-0.03%)

18:01
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Celanese raises prices for acetate tow in Eastern Europ and Asia by $1/kg »

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WYNN

Wynn Resorts

$132.97

0.56 (0.42%)

17:58
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Wynn sued over allegations of rigging Boston casino bid, Bloomberg says »

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GLD

SPDR Gold Trust

$113.43

-0.18 (-0.16%)

17:48
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SPDR Gold Trust holdings fall to 742.23MT from 742.53MT »

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JAZZ

Jazz Pharmaceuticals

$161.89

0.92 (0.57%)

17:35
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Recommendations
Jazz Pharmaceuticals analyst commentary at BMO Capital »

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RIG

Transocean

$11.93

0.335 (2.89%)

17:29
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Initiation
Transocean initiated at Morgan Stanley »

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NE

Noble Corp.

$6.15

0.19 (3.19%)

17:26
09/18/18
09/18
17:26
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17:26
Initiation
Noble Corp. initiated at Morgan Stanley »

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  • 24

    Sep

CCOEY

Capcom

17:24
09/18/18
09/18
17:24
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17:24
Periodicals
Capcom shutting down Vancouver studio, Kotaku says »

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BBY

Best Buy

$77.70

0.67 (0.87%)

17:24
09/18/18
09/18
17:24
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17:24
Syndicate
Breaking Syndicate news story on Best Buy »

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DO

Diamond Offshore

$17.86

0.55 (3.18%)

17:22
09/18/18
09/18
17:22
09/18/18
17:22
Initiation
Diamond Offshore initiated at Morgan Stanley »

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TSM

TSMC

$43.57

-0.2 (-0.46%)

17:20
09/18/18
09/18
17:20
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17:20
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TSMC rating change at Morgan Stanley »

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WHD

Cactus

$35.93

1.24 (3.57%)

17:17
09/18/18
09/18
17:17
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17:17
Initiation
Cactus initiated at Morgan Stanley »

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ZTCOY

ZTE Corp.

$0.00

(0.00%)

17:15
09/18/18
09/18
17:15
09/18/18
17:15
Periodicals
Senators seek punishment if ZTE strays from deal, Reuters says »

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AKCA

Akcea Therapeutics

$26.58

1.73 (6.96%)

17:15
09/18/18
09/18
17:15
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17:15
Syndicate
Breaking Syndicate news story on Akcea Therapeutics »

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  • 06

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