Cisco Systems (CSCO) to Cut 5% Staff, Lowers FY Guidance

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Wells Fargo Resumes Cisco (CSCO) at Equal Weight

February 15, 2024 5:41 AM EST

Wells Fargo analyst Aaron Rakers resumes coverage on Cisco (NASDAQ: CSCO) with a Equal Weight rating and a price target of $52.00.

The analyst comments "We resume coverage of CSCO at Equal Weight; $52 PT. We see the -5% post-close move in CSCO shares as... More

Cisco Systems (CSCO) Tops Q2 EPS by 3c, Guidance Misses

February 14, 2024 4:06 PM EST

Cisco Systems (NASDAQ: CSCO) reported Q2 EPS of $0.87, $0.03 better than the analyst estimate of $0.84. Revenue for the quarter came in at $12.8 billion versus the consensus estimate of $12.71 billion.

GUIDANCE:

Cisco Systems sees Q3 2024 EPS of $0.84-$0.86, versus the consensus of... More