Android app on Google Play

Credit Suisse Starts Cisco (CSCO) at Underperform

September 19, 2013 6:46 AM EDT Send to a Friend
Get Alerts CSCO Hot Sheet
Price: $24.99 +0.56%

Rating Summary:
    30 Buy, 20 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 3 | Down: 4 | New: 7
Trade CSCO Now!
Join SI Premium – FREE
Credit Suisse initiated coverage on Cisco (NASDAQ: CSCO) with an Underperform rating and a price target of $21.00. Analyst Kulbinder Garcha sees further margin compression from software defined networking architectures. In his view, gross margin may fall to 60% and operating margin could decline to 26% long term.

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 $24.80 yesterday.

You May Also Be Interested In

Related Categories

Analyst Comments, Analyst EPS View, Hot New Coverage, New Coverage

Related Entities

Credit Suisse

Add Your Comment