Cisco Systems

Citigroup has downgraded Cisco Systems, Inc. (NASDAQ: CSCO) from Buy to Hold and has lowered the price target from $25 to $22.

Morgan Keegan is reiterating its Outperform rating on Cisco Systems (NASDAQ: CSCO). Morgan Keegan envisions “upside potential to our $10.25 bl. sales estimate, in line with consensus, with Telco strength and improved non-government enterprise spending. Earnings can beat the Street's $0.35 per share...

Wunderlich Securities has raised the price target on Cisco Systems (NASDAQ: CSCO) from $22 to $24 and maintains its Hold rating.

Morgan Keegan has published a research report on Communications Equipment companies reflecting on the R&D tax credit and has not made any ratings or estimate adjustments to companies that do not pay U.S. taxes. In the report, Morgan Keegan writes "We have reviewed our coverage universe and have...

Oppenheimer has published a research report on Cisco Systems (NASDAQ: CSCO) and has upgraded the company to Outperform. In the report, Oppenheimer writes "We're upgrading Cisco to Outperform and setting a $23 price target. We've been concerned with Cisco's ability to maintain its strong position in...

This week, Deutsche Bank is looking at the merits of Cisco Systems, Inc.'s (NASDAQ: CSCO) VDI initiative, Virtual Experience Initiative (VXI). “We believe that this solution offers some key benefits for customers who want to adopt virtual desktops,” Deutsche Bank writes. “VXI is an integrated...

Morgan Keegan has published a research report on Cisco Systems (NASDAQ: CSCO) after the company showed that its customer mix is hurting and that current valuation makes the stock attractive. In the report, Morgan Keegan writes "We've applied an alternative approach to forecasting sales based on end...

In stark contrast to Cisco Systems, Inc. (NASDAQ: CSCO), Motorola (NYSE: MOT) adamantly stated that it is not seeing any slowdown in government spending, Citigroup reports. “Management believes even though Motorola Solutions may sell to same general end market, there are important differences: MOT...

This morning, Goldman Sachs reports that Cisco Systems, Inc. (NASDAQ: CSCO) reported a relatively inline F1Q (Oct). “However, guidance was well below expectations, with F2Q revenue growth of 3-5% vs. GS/Consensus at 12%/13%, and non-GAAP EPS of $0.32-0.35 vs. GS/Consensus at $0.45/$0.42,” Goldman...

Wunderlich Securities has published its research report today on Cisco Systems (NasdaqGS: CSCO) downgrading their stock to a Hold rating. Although Cisco Systems 1Q11 reports are in line with estimates, their order rate has dropped during the last month of the quarter. Wunderlich Securities writes...

Cisco Systems, Inc. (NASDAQ: CSCO) hosted an analyst day reiterating its 3-5 year plan for growth and margins but did not elude to any near-term trends, Oppenheimer reports. Oppenheimer remains confident in Cisco's strategy while reiterating concerns about growth being driven by M&A that is...

J.P. Morgan is out with research report on Cisco (NASDAQ: CSCO) and has reiterated its ‘Overweight’ rating on the stock. The company is expected to report 4Q results on Wednesday, August 11. An analyst at J.P. Morgan believes the company is expected to post strong growth in revenue due to solid...

Cisco Systems, Inc. (Nasdaq: CSCO) reported a profit of $1.85 billion, or 32 cents per share, up from a profit of $1.5 billion, or 26 cents per share, for the same period a year ago. Cisco Systems revenue rose from $9.1 billion a year ago, to $9.8 billion. The company's adjusted income came in at...