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

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Cisco (CSCO) PT Raised to $54 at Jefferies

August 18, 2022 7:55 AM EDT

Jefferies analyst George Notter raised the price target on Cisco (NASDAQ: CSCO) to $54.00 (from $52.00) while maintaining a Buy rating.

The analyst commented, "We thought Ciscos results and guidance looked fine, particularly in light of investor fears about a slowing economy... More