Cisco Systems (CSCO) Raises Quarterly Dividend 10.5% to $0.21; 3.1% Yield

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Cisco (CSCO) Can Trade to the Mid-$30s - Nomura

February 12, 2015 9:33 AM EST

Nomura Securities analyst Stuart Jeffrey reiterated a Buy rating and boosted its price target on Cisco (NASDAQ: CSCO) to $32.00 (from $29.00) following Q2 results, saying shares can trade to the mid-$30s.

Jeffery commented, "Cisco trades at a 28% discount to the market yet... More

Cisco Systems (CSCO) Tops Q2 EPS by 2c

February 11, 2015 4:05 PM EST

Cisco Systems (NASDAQ: CSCO) reported Q2 EPS of $0.53, $0.02 better than the analyst estimate of $0.51. Revenue for the quarter came in at $11.9 billion versus the consensus estimate of $11.08 billion.

"Our Q2 results reflect continued progress as we transform Cisco to become the #1 IT company. In the quarter we grew revenues by 7%, with strong EPS growth, and saw the best balance of growth across all our geographies, products,... More