Cisco revenue forecast disappoints; says to cut 1,100 more jobs
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William Blair Reiterates Outperform Rating on Cisco Systems (CSCO); '3Q Beat & 4Q Lower on Marco Headwinds, Order Weakness'
May 19, 2017 11:20 AM EDTWilliam Blair reiterates Outperform rating on Cisco (NASDAQ: CSCO) following the company's third quarter earnings report.
Analyst Jason Ader notes the company delivered third quarter earnings per share and revenue results above estimates and the Street's consensus, but saw disappointing fourth quarter... More
Cisco (CSCO) PT Lowered to $33 at Pacific Crest
May 18, 2017 8:51 AM EDTPacific Crest lowered its price target on Cisco (NASDAQ: CSCO) to $33.00 (from $34.00) while maintaining a Overweight rating following April quarter.
Despite some limited upside to consensus in switching and routing, and strong deferred revenue growth of 13% led by a shift in Cisco ONE... More
Cisco (CSCO) PT Lowered to $40 at Deutsche Bank Following Mixed 3Q
May 18, 2017 7:37 AM EDTDeutsche Bank lowered its price target on Cisco (NASDAQ: CSCO) to $40.00 (from $42.00) while maintaining a Buy rating. CSCO reported a 3Q revenue miss with... More
Cisco (CSCO) PT Lowered to $29 at Instinet Following 3Q Report
May 18, 2017 7:17 AM EDTInstinet lowered its price target on Cisco (NASDAQ: CSCO) to $29.00 (from $30.00) while maintaining a Neutral rating. Cisco delivered $11.9bn in 3Q sales compared with the consensus estimate of $11.9bn. EPS of $0.60 came in ahead of consensus of $0.58.
4Q Guidance for a 4-6% sales... More
