Cisco (CSCO) Bullish Stance Reiterated at Piper Jaffray Following 'Solid' Q2
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Cisco (CSCO) Can Trade to the Mid-$30s - Nomura
February 12, 2015 9:33 AM ESTNomura 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 (CSCO) Price Target Raised to $33 at Deutsche Bank
February 12, 2015 8:28 AM ESTDeutsche Bank maintained a Buy rating on Cisco (NASDAQ: CSCO) and raised its price target to $33.00 (from $32.00). The change follows Q2 results.
Analyst Brian Modoff said, "... we think that the +$100M UCS server revenue beat was the primary driver of the ~$100M Jan Q... More
Cisco (CSCO) PT Lifted to $33 at Cantor Fitzgerald After Another Quarter of Consistent Execution
February 12, 2015 7:39 AM ESTCantor Fitzgerald analyst Brian White reiterated a Buy rating and boosted his price target on Cisco (NASDAQ: CSCO) to $33.00 (from $31.00) following solid Q4 results.
White commented, "Last night, Cisco reported solid 2Q:FY15 results with a stronger-than-expected 3Q:FY15 outlook, navigating through a murky... More
Cisco (CSCO) PT, Estimates Bumped at Jefferies But Remains on the Sidelines
February 12, 2015 6:57 AM ESTJefferies analyst George Notter bumped estimates and his price target on Cisco (NASDAQ: CSCO) to $27.25 (from $24.00) following Q2 results but retained a Hold rating.
Notter commented, "Our impressions of Ciscos forward-looking EPS power havent really changed exiting the fiscal Q2 EPS... More
Cisco Systems (CSCO) Tops Q2 EPS by 2c
February 11, 2015 4:05 PM ESTCisco 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
