Cisco Systems

In morning trading, Cisco Systems (NASDAQ: CSCO) and Jones Group (NYSE: JNY) fell to new 52-week lows of $15.26 and $9.97 per share, respectively. Cisco has slumped on disappointing quarterly results from Ciena (NASDAQ: CIEN). Cisco has a market cap of $84.2 billion and is a leading producer and...

Goldman Sachs provided color on a number of Silicon Valley companies in a research report published today. Goldman was disappointed with Cisco Systems (NASDAQ: CSCO), after the company's failure to create a router that can match its competitors. The report states, "Cisco announced a new edge...

According to a recent report from Jefferies, Cisco (NASDAQ: CSCO) hosted a series of webinars yesterday to introduce new Edge Routing platforms and technologies to analysts and investors. Following the webinars, Jefferies has reiterated a Hold rating and $15.75 price target on CSCO. In the report...

Jefferies initiated coverage of Cisco Systems (NASDAQ: CSCO) with a Hold rating. At the same time, Jefferies put its price target on the company's stock to $15.75. In a research report published today, Jefferies states, "We believe it's too early for investors to commit to the stock as we're still...

Jefferies & Company has initiated coverage on Cisco Systems (NASDAQ: CSCO) with a Hold rating and $15.75 price target.

Bank of America provided color on the Telecom Equipment industry in a research report published today. Bank of America Decided to maintain its Buy rating on Juniper (NYSE: JNPR) after a meeting with the company's CEO. The report states, "Juniper CEO Kevin Johnson provided an overview of Juniper's...

Oppenheimer is out with its report today on Cisco Systems (NASDAQ: CSCO), maintaining Outperform. In a note to clients, Oppenheimer writes, "Cisco remains the dominant networking vendor, with strong underlying fundamentals, given very strong traffic growth, data center consolidation and...

Sterne Agee is out with its report today on Cisco Systems (NASDAQ: CSCO), maintaining Buy. In a note to clients, Sterne Agee writes, "To us, we believe the CSCO story is getting better and we'd rather be a buyer at these depressed levels than wait for obvious evidence of improvement. By then it...

Sterne Agee is out with its report today on Cisco Systems (NASDAQ: CSCO), maintaining Buy. In a note to clients, Sterne Agee writes, "We maintain our BUY rating on CSCO as we continue to believe that investors underestimate a turnaround. Our 12-month price target of $29 is based on what we believe...

Wedbush is lowering its PT on shares of Cisco Systems, Inc. (NASDAQ: CSCO) from $22 to $21. Cisco Systems closed Wednesday at $17.78.

Piper Jaffray, which lowered its PT on shares of Cisco Systems, Inc. (NASDAQ: CSCO), is providing some color on the stock. “In what's starting to become routine, Cisco disappointed investors with below consensus guidance for the July quarter,” Piper Jaffray writes. “It's now been almost a year...

Citi reports that Cisco Systems, Inc. (NASDAQ: CSCO), which it says is taking the necessary steps to refocus and cut costs, is “working through the competitive and margin pressure in routing and switching will likely be a multi-quarter or multi-year process, in our view.” “We believe the shares...

Piper Jaffray has lowered the price target on Cisco Systems (NASDAQ: CSCO) from $21 to $19 and maintains its Neutral rating.

Morgan Keegan is lowering its PT on Cisco Systems, Inc. (NASDAQ: CSCO) from $27.75 to $24.50. Cisco Systems currently trades at $17.50.

According to Auriga, Cisco Systems (NASDAQ: CSCO) is downgraded to Hold. Auriga reported that it is downgrading Cisco (CSCO) to Hold and reducing its price target from $23 to $19 as it expects intensifying competition in core routing and data center (DC) switching from new players to pressure long...