Cisco Systems (CSCO) Tops Q1 EPS by 1c

Cisco (CSCO) PT Raised to $44 at Argus

Argus raised its price target on Cisco (NASDAQ: CSCO) to $44.00 (from $41.00) while maintaining a Buy rating.

Cisco (CSCO) PT Raised to $39 at UBS; Reiterates Buy

UBS raised its price target on Cisco (NASDAQ: CSCO) to $39.00 (from $37.00) while maintaining a Buy rating. Cisco is in a multi-year transition in stabilizing the core and creating more recurring revenue. The direction seems correct and execution is improving.

Cisco slightly beat... More

Cisco (CSCO) PT Raised to $40 at FBN Securities

FBN Securities raised its price target on Cisco (NASDAQ: CSCO) to $40.00 (from $35.00) while maintaining an Outperform rating following solid Q1 results.

Analyst Shebly Seyrafi notes results were helped by a more modest decline in switching, growth in collaboration, an acceleration in security... More

Cisco (CSCO) PT Raised to $36 at BMO Capital

BMO Capital raised its price target on Cisco (NASDAQ: CSCO) to $36.00 (from $32.00) while maintaining a Market Perform rating.

Analyst Rim Long remains sidelined saying the company faces some headwinds in key parts of its business as routing and the enterprise vertical face challenges.

Cisco (CSCO) PT Raised to $38 at MKM Partners Following 1Q

MKM Partners raised its price target on Cisco (NASDAQ: CSCO) to $38.00 (from $34.00) while maintaining a Neutral rating following the company's 1Q earnings report. Cisco delivered in line revenues of $12.14bn and reported EPS of $0.61 or one penny better than expected.

MKM increased... More

Cisco (CSCO) PT Raised to $40 at Bernstein

Bernstein raised its price target on Cisco (NASDAQ: CSCO) to $40.00 (from $38.00) while maintaining an Outperform rating following in-line Q1 and Q2 guidance well ahead on the top-line.

Analyst Pierre Ferragu notes the pace of the transition to subscription remains ahead of schedule and is likely to accelerate.

Cisco (CSCO) PT Raised to $40 at Citi Following 1Q Release

Citi raised its price target on Cisco (NASDAQ: CSCO) to $40.00 (from $36.00) while maintaining a Buy rating following the company's 1Q earnings report. Reported sales of $12.1b were inline with consensus but EPS of $0.61 was above consensus of $0.60.

The companys January quarter... More

Cisco (CSCO) PT Raised to $37 at BofA/Merrill Lynch Remains Sidelined

BofA/Merrill Lynch raised its price target on Cisco (NASDAQ: CSCO) to $37.00 (from $35.00) while maintaining a Neutral rating. Ciscos 1Q18 was mostly inline, with strong margins driving a 1c EPS beat. Management is calling for slightly better than expected 2Q18 revenues,... More

Cisco (CSCO) PT Raised to $44 at Drexel Hamilton

Drexel Hamilton raised its price target on Cisco (NASDAQ: CSCO) to $44.00 (from $39.00) while maintaining a Buy rating following strong Q1 results and a solid Q2 outlook.

Analyst Brian White noted the tone of Cisco's call was positive and product orders... More

Cisco (CSCO) PT Raised to $33 at Nomura/Instinet; Remains Sidelined

Nomura/Instinet raised its price target on Cisco (NASDAQ: CSCO) to $33.00 (from $29.00) while maintaining a Neutral rating following the company's 1Q earnings release. Strong interest in new Catalyst 9000 campus switches and 8% security growth helped Cisco match consensus $12.1bn in F1Q sales. F1Q... More

Cisco (CSCO) PT Raised to $39 at KeyBanc Following 1Q

KeyBanc raised its price target on Cisco (NASDAQ: CSCO) to $39.00 (from $33.00) while maintaining a Overweight rating following the company's 1Q release. CSCO highlighted gains in its recurring revenue, now at 32% of total (+3 points y/y), driven by an ongoing channel push related to Cisco... More

Cisco (CSCO) PT Raised to $40 at Jefferies; 'Breakout Quarter'

Jefferies raised its price target on Cisco (NASDAQ: CSCO) to $40.00 (from $37.00) while maintaining a Buy rating.

Analyst George C. Notter called it a "breakout quarter for Cisco."

The print, guidance, and the narrative around the business were significantly better than many... More

Cisco (CSCO) PT Raised to $45 at Deutsche Bank

Deutsche Bank raised its price target on Cisco (NASDAQ: CSCO) to $45.00 (from $40.00) while maintaining a Buy rating following Q1.

Analyst Vijay Bhagavath notes the solid Q1 was driven by a return to order growth in all 3 geographic regions, continuing Cat 9K strength (+1,100... More

Cisco (CSCO) PT Raised to $37 at Barclays, Lists 3 Catalysts To Watch For Further Upside

Barclays raised its price target on Cisco (NASDAQ: CSCO) to $37.00 (from $34.00) while maintaining a Overweight rating.

Analyst Mark Moskowitz expects investors to become more constructive on the LT appreciation potential for the equity. The analyst believes if the company business model can be geared... More