Cisco cuts FY guidance amid restructuring plan to cut 5% of global workforce

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Go back to Cisco cuts FY guidance amid restructuring plan to cut 5% of global workforce

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