Sourcing Solutions LLC Announces Formation of Advanced Networking Division and Netpatibles Brand

Go back to Sourcing Solutions LLC Announces Formation of Advanced Networking Division and Netpatibles Brand

Cantor Fitzgerald Raises Price Target on Cisco Systems (CSCO) Following 4Q EPS Beat

August 13, 2015 9:51 AM EDT

Cantor Fitzgerald reiterated a Buy rating on Cisco (NASDAQ: CSCO), and raised the price target to $38.00 (from $36.00), following its 4Q15 earnings report. Cisco reported sales of $12.84 billion that beat consensus at $12.66 billion. EPS of $0.59 was above consensus at $0.56. Cisco expects 1Q16 sales to be $12.49-12.73 billion, and projects EPS to be $0.55-0.57 (consensus is... More