Cisco Systems (CSCO) Tops Q2 EPS by 3c, Guidance Misses
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Wells Fargo Resumes Cisco (CSCO) at Equal Weight
February 15, 2024 5:41 AM ESTWells 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) to Cut 5% Staff, Lowers FY Guidance
February 14, 2024 4:06 PM EST(Updated - February 14, 2024 4:27 PM EST)
(Updated - February 14, 2024 4:09 PM EST)
The company issued FY 2024 Guidance:
Revenue: $51.5 billion to $52.5 billion vs prior guidance of $53.8B-$55.0B, and analyst estimate of... More