Goldman Sachs Removes Cisco (CSCO) from Conviction Buy List
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/25/2024
- S&P 500 ends higher as markets weigh rising yields, upbeat corporate results
- Meta Platforms reports softer Q2 revenue guidance on plans to boost spending on AI
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Equities mixed as investors eye earnings; yen on intervention watch
- ServiceNow (NOW) stock falls as refreshed subscription outlook trails estimates
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Hasbro (HAS) brand strength sees earnings top expectations
- IBM (IBM) announces mixed Q1 results, HashiCorp acquisition; shares down
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Crude Inventory Declined 6.4 Million Barrels Last Week
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
Cisco (CSCO) Remains Outperform at Wells Fargo
November 14, 2013 10:54 AM ESTWells Fargo maintained an Outperform rating on Cisco (NASDAQ: CSCO) and lowered its price target to $24-$26 (from $27-$29).
Analyst Jess Lubert said, "We are sticking with Cisco post the miss as the company's product portfolio appears to be in excellent shape... More
Standpoint Research Upgrades Cisco (CSCO) to Buy
November 14, 2013 9:45 AM ESTStandpoint Research upgraded Cisco (NASDAQ: CSCO) from Hold to Buy with a price target of $25, following this morning's sell-off.
For an analyst ratings summary and ratings history on Cisco click here.... More
Wedbush Cuts Cisco (CSCO) to Neutral
November 14, 2013 7:26 AM ESTWedbush downgraded Cisco (NASDAQ: CSCO) from Outperform to Neutral with a price target of $23.00 (from $26.00). Analyst Rohit Chopra thinks investors should move to the sidelines given rising doubts about the company's ability to deliver on long term targets.
"Despite a bottom-line EPS beat,... More
Deutsche Bank Cuts Cisco (CSCO) to Hold Following Q3 Miss
November 14, 2013 6:44 AM ESTDeutsche Bank downgraded Cisco (NASDAQ: CSCO) from to Hold with a price target of $25.00 (from $28.00). The change follow Cisco's Q3 miss.
"Cisco's results [Q1: $12.09B / 53c; Q2 guide: $11.01B / 46c; midpoint] clearly saw a negative impact from the meaningfully weak order... More
Cisco Systems (CSCO) sees Q2 adjusted EPS of $0.45 - $0.47; Est. at $0.52
November 13, 2013 5:03 PM ESTCisco Systems, Inc. (NASDAQ: CSCO) sees Q2 adjusted EPS of $0.45 - $0.47, with estimates at $0.52.... More
Cisco Systems (CSCO) Tops Q1 EPS by 2c, Adds $15B to Buyback; Issues Weak Outlook
November 13, 2013 4:06 PM ESTCisco Systems, Inc. (Nasdaq: CSCO) reported Q1 adjusted EPS of $0.53, $0.02 better than the analyst estimate of $0.51. Revenue for the quarter came in at $12.1 billion versus the consensus estimate of $12.35 billion.
This quarter we delivered record non-GAAP profitability and continued our steady stream of innovation and market leadership, stated Cisco Chairman and CEO John Chambers. While our revenue growth was below our expectation, our financials are strong, our strategy is strong and our... More
