Pacific Crest upgraded Cisco (NASDAQ: CSCO) from Sector Perform to Outperform following solid Q1 results.

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Shares of Cisco closed at $16.85 yesterday, with a 52 week range of $14.96-$21.30.

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Analysts Laud Cisco (CSCO) Following Q1 Results; Delivers Amid Tough EnvironmentNovember 14, 2012 12:32 PM Cisco (CSCO) Beat Causes Analysts to Ponder IP Networks; Are They Mission Critical?November 14, 2012 8:45 AM Cisco Systems (CSCO) Guides Q2 In-LineNovember 13, 2012 4:57 PM Cost Efficiencies, Innovation Drive Cisco (CSCO) to Q1 Earnings BeatNovember 13, 2012 4:29 PM Cisco Systems, Inc. (CSCO) Tops Q1 EPS by 2cNovember 13, 2012 4:05 PM