Cisco Reports Second Quarter Earnings

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Go back to Cisco Reports Second Quarter Earnings

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

February 15, 2018 9:59 AM EST

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