J.P. Morgan Lowers Cisco (CSCO) to Underweight, Trims PT; Sees Lower Enterprise Spend, Macro Pressure

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Go back to J.P. Morgan Lowers Cisco (CSCO) to Underweight, Trims PT; Sees Lower Enterprise Spend, Macro Pressure

JPMorgan Downgrades Cisco (CSCO) to Underweight

January 17, 2013 7:00 AM EST

JPMorgan downgraded Cisco (NASDAQ: CSCO) from Neutral to Underweight with a price target of $18.00 (from $20.00), saying share are vulnerable after recent rise.

For an analyst ratings summary and ratings history on Cisco... More