Cisco Systems (CSCO: Earnings Preview - Drexel Hamilton

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Get Alerts CSCO Hot Sheet

Price: $48.10 -0.52%

Rating Summary:
27 Buy, 29 Hold, 1 Sell

Rating Trend:

Up

Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13

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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.

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Analyst Comments, Analyst EPS View

Related Entities

Earnings, Drexel Hamilton, Brian White

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