Cisco Reports First Quarter Earnings

Cisco's (CSCO) Buy Rating Maintained at Deutsche Bank

Deutsche Bank maintained a Buy rating on Cisco (NASDAQ: CSCO) with a price target of $37. Analyst Vijay Bhagavath called its Q1 report "mixed," but he sees growth drivers in 2017 and beyond.

"Q1 beat: $12.35B / 61c versus consensus: $12.33B / 59c, offset... More

Jefferies Reiterates Buy on Cisco Systems (CSCO) Following 1Q

Jefferies reiterated a Buy rating and $35.00 price target on Cisco Systems (NASDAQ: CSCO) following the company's 1Q earnings report. CSCO reported overall sales of $12.352B and EPS of $0.61, beating Street expectations of $12.33B and $0.59, respectively. Management guided for January sales at... More

Drexel Hamilton Cuts Price Target on Cisco Systems (CSCO) Following 1Q and Soft Guide

Drexel Hamilton reiterated a Buy rating on Cisco Systems (NASDAQ: CSCO), and cut the price target to $36.00 (from $37.00), following the company's 1Q earnings report. Cisco reported 1Q sales of $12.35 billion that beat the consensus at $12.34 billion. Pro forma EPS of $0.61 was better than... More

Buy Cisco (CSCO) on Weakness Following Lackluster Guidance - Baird

Baird analyst Jayson Noland said they would be buyers on Cisco (NASDAQ: CSCO) on today's likely weakness following results and lower guidance. The firm maintained an Outperform rating and price target of $35.

Noland commented, "Cisco posted a decent FQ1 but guided... More

Cisco Systems (CSCO) Tops Q1 EPS by 2c; Guides Q2 EPS Below Views

Cisco Systems (NASDAQ: CSCO) reported Q1 EPS of $0.61, $0.02 better than the analyst estimate of $0.59. Revenue for the quarter came in at $12.4 billion versus the consensus estimate of $12.33 billion.

GUIDANCE:

Cisco Systems sees Q2 2017 EPS of $0.55-$0.57, versus the consensus of... More