Cisco Reports Second Quarter Earnings

Cisco (CSCO) PT Raised to $50 at Argus

Argus raised its price target on Cisco (NASDAQ: CSCO) to $50.00 (from $44.00) while maintaining a Buy rating.

Analyst Jim Kelleher said although the shares have had a strong run, CSCO shares trade at a discount to DFCF valuation.

Additionally, based on the richer... More

Cisco (CSCO) PT Raised to $50 at Oppenheimer Following Earnings Beat

Oppenheimer raised its price target on Cisco (NASDAQ: CSCO) to $50.00 (from $46.00) while maintaining a Outperform rating following the company's 2Q earnings report. Cisco reported revenues of $11.89B, ahead of the Street's estimates. EPS of $0.63 was also ahead of the street's $0.59. Infrastructure Platforms and... More

Cisco (CSCO) PT Raised to $51 at Baird; 'Great Print'

Baird raised its price target on Cisco (NASDAQ: CSCO) to $51.00 (from $41.00) while maintaining an Outperform rating.

Analsyt Jayson Noland commented, "Cisco posted a solid quarter and guide, driven by a notable return to strength in the core Infrastructure Platform segment. Management was... More

Cisco (CSCO) PT Raised to $46 at Stifel

Stifel raised its price target on Cisco (NASDAQ: CSCO) to $46.00 (from $40.00) while maintaining a Hold rating.

Cisco Systems (CSCO) Raises Quarterly Dividend 13.8% to $0.33; Approves $25B Buyback

Cisco Systems (NASDAQ: CSCO) declared a quarterly dividend of $0.33 per share, or $1.32 annualized. This is a 13.8% increase from the prior dividend of $0.29.

The dividend will be payable on April 25, 2018, to stockholders of record on April 5, 2018, with an ex-dividend date of April 4,... More

Cisco Systems (CSCO) Tops Q2 EPS by 4c

Cisco Systems (NASDAQ: CSCO) reported Q2 EPS of $0.63, $0.04 better than the analyst estimate of $0.59. Revenue for the quarter came in at $11.9 million versus the consensus estimate of $11.81 billion.

GUIDANCE:

Cisco Systems sees Q3 2018 EPS of $0.64-$0.66, versus the consensus of... More