Cisco (CSCO) PT Raised to $48 at BMO Capital

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Cisco (CSCO) PT Raised to $55 at FBN Securities

August 16, 2018 10:14 AM EDT

FBN Securities analyst Shebly Seyrafi raised the price target on Cisco (NASDAQ: CSCO) to $55.00 (from $50.00) while maintaining an Outperform rating following solid results.

Seyrafi noted the company posted the strongest order growth in years (7% year-over-year).

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Cisco (CSCO) PT Raised to $51 at MKM Partners

August 16, 2018 5:45 AM EDT

MKM Partners analyst Michael Genovese raised the price target on Cisco (NASDAQ: CSCO) to $51.00 (from $49.00) while maintaining a Neutral rating.

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After-Hours Movers 08/15: (BGG) (LFVN) (CSCO) Higher; (SPTN) (GNL) (ILMN) Lower (more...)

August 15, 2018 5:38 PM EDT

Today's After-Hours Movers

SpartanNash (NASDAQ: SPTN) 12.3% LOWER; reported Q2 EPS of $0.50, $0.07 worse than the analyst estimate of $0.57. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.87 billion. SpartanNash sees FY2018 EPS of $1.96-$2.21, versus the consensus of $2.25.

Briggs & Stratton (NYSE: BGG) 8.1% HIGHER; reported Q4 EPS of $0.47, $0.06 better than the analyst estimate of $0.41. Revenue for the quarter came in at $501.69 million versus the consensus estimate of $500.23... More

Cisco's software push fuels quarterly beat, strong forecast

August 15, 2018 4:13 PM EDT

(Reuters) - Cisco Systems Inc (NASDAQ: CSCO) topped Wall Street targets for quarterly revenue and profit and forecast first-quarter sales above estimates on Wednesday, as the network gear maker's transition to a software-focused company gains traction.

Shares rose 6.1 percent to $46.53 in extended trading as the company also highlighted improving subscription-based revenue.

Cisco, like other legacy technology companies, has been launching new products focused on high-growth areas such as cyber security and Internet... More

Cisco Systems (CSCO) Tops Q4 EPS by 1c, Offers Q1 Guidance

August 15, 2018 4:06 PM EDT

Cisco Systems (NASDAQ: CSCO) reported Q4 EPS of $0.70, $0.01 better than the analyst estimate of $0.69. Revenue for the quarter came in at $12.8 billion versus the consensus estimate of $12.77 billion.

GUIDANCE:

Cisco Systems sees Q1 2019 EPS of $0.70-$0.72, versus the consensus of... More