REMINDER: Cisco Schedules Conference Call for Q3 Fiscal Year 2015 Financial Results

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Jefferies Say Cisco Systems (CSCO) Risk/Reward Remains Balanced

May 14, 2015 10:44 AM EDT

Jefferies reiterates a Hold rating on Cisco (NASDAQ: CSCO),and raised the price target to $29.50 (from $27.25), saying "risk/reward remains balanced". Analyst George Notter said that CSCO posted slightly better than expected results from the April quarter. "Sales of $12.14 billion (+2.7% Q/Q, +5% Y/Y)... More