Cisco Systems (CSCO: Earnings Preview - Drexel Hamilton

August 16, 2016 8:58 AM EDT
Get Alerts CSCO Hot Sheet
Price: $30.10 +0.40%

Rating Summary:
    32 Buy, 25 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 30 | Down: 30 | New: 23
Trade CSCO Now!
Join SI Premium – FREE

Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.

Drexel Hamilton analyst, Brian White, reiterated his Buy rating on shares of Cisco (NASDAQ: CSCO) ahead of the earnings report on 8/17. The analyst believes Cisco's stock has an upward bias, especially given its 3.3% dividend yield, attractive valuation (10x ex-cash; 2017), margin execution story and expanding market reach with higher levels of software.

No change to the price target of $36.

For an analyst ratings summary and ratings history on Cisco click here. For more ratings news on Cisco click here.

Shares of Cisco closed at $31.19 yesterday.

Serious News for Serious Traders! Try Premium Free!

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS View

Related Entities

Earnings, Drexel Hamilton, Brian White

Add Your Comment