Cisco Systems

According to Citi, Cisco (NASDAQ: CSCO) target is lowered to $20. Citi reported that it assumes primary coverage of Cisco from Richard Gardner; our Hold/Medium Risk (2M) rating remains unchanged. “Cisco faces a number of obstacles in terms of product transitions, competitive threats and associated...

Morgan Stanley is out with its report today on Cisco Systems (NASDAQ: CSCO), maintaining Equal-weight. In a note to clients, Morgan Stanley writes, "As we've been saying for months now, we believe Cisco may be better off splitting itself into two or more businesses with different targets for...

Cisco Systems (NASDAQ: CSCO) seems out of favor with the market these days. On Friday, the shares closed at $17.04. The 52-week low for the stock is $16.97, while the 52-week high is $27.74. With the company near its low point, should traders be looking at the stock? According to TheFly, Pacific...

According to Sterne Agee, Cisco Systems (NASDAQ: CSCO) is concerned by Verizon's 100G announcement. Sterne Agee reported that recently, there have been renewed concerns regarding competition against CSCO triggered by an announcement by Verizon that it has selected JNPR and CIEN as vendors to...

Oppenheimer is commenting on Cisco Systems, Inc.'s (NASDAQ: CSCO) “long-awaited data center facelift.” “Cisco announced several updates across its data center networking and server portfolio,” Oppenheimer writes. “Overall, we think this was necessary (long overdue in many cases), and could help...

Sterne Agee is out with its report today on Cisco Systems (NASDAQ: CSCO), initiating CSCO at Buy. In a note to clients, Sterne Agee writes, "We are initiating coverage of CSCO with a BUY rating and price target of $29. The company is the world's leading provider of networking equipment used in...

Sterne Agee has initiated coverage on the following companies: Cisco Systems (NASDAQ: CSCO) Buy, $29 PT Hewlett Packard Company (NYSE: HPQ) Buy, $56 PT Ingram Micro (NYSE: IM) Neutral, $22 PT SYNNEX Corporation (NYSE: SNX) Neutral, $35 PT

Auriga is out with its report today on Cisco Systems (NASDAQ: CSCO), lowering its price target from $25 to $23. In a note to clients, Auriga writes, "We maintain our Buy rating, but reduce our price target to $23 from $25 for Cisco, as we see prospects for continued price pressures and share...

J.P. Morgan, who downgraded shares of Cisco Systems, Inc. (NASDAQ: CSCO) and dropped the PT to $19, is commenting on the company this morning. “We had anticipated (and modeled) full-year revenue growth at the low end of guidance,” J.P. Morgan writes. “However, we were surprised by the materially...

JP Morgan has downgraded Cisco Systems (NASDAQ: CSCO) from Overweight to Neutral and has lowered the price target from $24.50 to $19.

Morgan Keegan is reiterating its Outperform rating on Cisco Systems (NASDAQ: CSCO) in a new report out today. “Cisco's sales of $10.4 bl., exceeded our $10.3 bl. and the Street's $10.2 bl. EPS of $0.37 beat our $0.36 and the Street's $0.35. Strength from Services and consumer products more than...

Deutsche Bank is lowering the Price Target of Cisco Systems (NASDAQ: CSCO) to $20 from $22. Deutsche Bank's report notes, “Cisco reported Q2 revenues of $10.4 b and pro-forma EPS of $0.37. Revenues came ahead of DB and consensus estimates while PF EPS came below our estimate above consensus. While...

Goldman Sachs is lowering its PT on Cisco Systems, Inc. (NASDAQ: CSCO) to $21 from $23. Cisco Systems closed Wednesday at $22.04.

Deutsche Bank has lowered the price target on Cisco Systems (NASDAQ: CSCO) from $22 to $20 and maintains its Hold rating.

Piper Jaffray has downgraded Cisco Systems (NASDAQ: CSCO) from Overweight to Neutral and has lowered the price target from $25 to $21.