Cisco Board Names Chuck Robbins as Next CEO

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Cantor Fitzgerald Maintains Bullish Views Following Cisco (CSCO) Leadership Change

May 4, 2015 1:31 PM EDT

Cantor Fitzgerald reiterates a Buy rating for Cisco Systems, Inc. (NASDAQ: CSCO) and maintains a $33 price target. This comes after the announcement this morning that Chuck Robbins will succeed John Chambers as CEO, effective July 26, 2015. There has been well documented speculation about a leadership... More