Cisco Systems (CSCO) Raises Quarterly Dividend 2.5% to $0.41; Approves $15B Buyback

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Go back to Cisco Systems (CSCO) Raises Quarterly Dividend 2.5% to $0.41; Approves $15B Buyback

Rosenblatt Upgrades Cisco (CSCO) to Buy

February 13, 2025 6:48 AM EST

Rosenblatt analyst Mike Genovese upgraded Cisco (NASDAQ: CSCO) from Neutral to Buy with a price target of $80.00.

The analyst comments "We have been arguing that Extreme (EXTR, Buy) and Juniper (JNPR, Neutral) deserve multiple expansion, from 15x/16x forward PE to 20x or greater, due to growth in software subscriptions/ARR/RPOs, and as AI becomes a larger driver of total business. We are upgrading Cisco to Buy... More

Cisco (CSCO) PT Raised to $71 at Citi

February 13, 2025 4:55 AM EST

Citi analyst Atif Malik raised the price target on Cisco (NASDAQ: CSCO) to $71.00 (from $68.00) while maintaining a Buy rating.

The analyst comments "Shares of CSCO rallied MSDs post a modest beat and raise Q as strength in core networking drove a raised FY25... More