Cisco Systems, Inc. (CSCO) Sees Q4 Revs Down 1% - 3%; Est. Down 5%
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Cisco (CSCO) PT Raised at Wells Fargo
May 15, 2014 11:18 AM EDTWells Fargo maintained an Outperform rating on Cisco (NASDAQ: CSCO) and lowered its price target to $27-$29 (from $24-$26). The change follows strong Q3 results.
Analyst Jess Lubert said, "There were several positives in the quarter as strength was broad based across products... More
Cisco (CSCO) Headed Back to Double-Digit Growth; Buy the Stock - Nomura
May 15, 2014 8:49 AM EDTNomura Securities analyst Stuart Jeffrey reiterated a Buy rating and raised his price target on Cisco (NASDAQ: CSCO) to $27.00 (from $24.50) following solid Q3 results and outlook. The analyst is positive as the company appears headed back to double-digit growth.
Jeffrey commented,... More
Goldman Sachs Comments on Cisco's (CSCO) Q3
May 15, 2014 8:24 AM EDTGoldman Sachs reiterated a Buy rating on Cisco (NASDAQ: CSCO) and raised its price target to $28.00 (from $26.00). Analyst Simona Jankowski made note of positives in Q3.
"We reiterate our Buy on Cisco, as several meaningful positives in the quarter should begin to chip away at the bear thesis, at least in the near term," said... More
Cisco (CSCO) PT, Estimates Raised at Jefferies Amid 'Impressive' Q3 Results and Q4 Guidance
May 15, 2014 8:12 AM EDTJefferies analyst George Notter raised estimates and his price target on Cisco (NASDAQ: CSCO) to $24.00 (from $22.00) following results but maintained a Hold rating.
"Ciscos April quarter results and July guidance looked quite impressive. With the stock trading into the $24-25 range,... More
Cisco (CSCO) PT, Estimates Lifted at Piper Jaffray on 'Solid' Q3
May 15, 2014 7:24 AM EDTPiper Jaffray analyst Troy Jensen reiterated an Overweight rating on Cisco (NASDAQ: CSCO) following solid Q3 results and boosted his price target to $26.00 (from $24.00).
Jensen comments, "Cisco reported solid results with revenues coming in slightly better than the high-end of... More
Cisco (CSCO) PT Raised at FBR Capital Following 'Beat and Raise' Qtr
May 15, 2014 6:28 AM EDTFBR Capital analyst Scott Thompson bumped his price target on Market Perform-rated Cisco (NASDAQ: CSCO) to $23.00 (from $19.00) following a 'beat and raise' quarter which sets the stage for renewed momentum.
Thompson comments, "Cisco's April-ending quarter seems to have marked the first sign... More
Cisco Systems, Inc. (CSCO) Sees Q4 EPS of 51c - 53c; Est. at 51c
May 14, 2014 4:53 PM EDTCisco Systems, Inc. (NASDAQ: CSCO) sees Q4 adjusted EPS of $0.51 - $.53, vs. estimates of $0.51.
... MoreCisco Systems, Inc. (CSCO) Tops Q3 EPS by 3c
May 14, 2014 4:05 PM EDT(Updated - May 14, 2014 4:10 PM EDT)
Cisco Systems, Inc. (NASDAQ: CSCO) reported Q3 EPS of $0.51, $0.03 better than the analyst estimate of $0.48. Revenue for the quarter came in at $11.5 billion versus the consensus estimate of $11.38 billion.
Adjusted net income was $2.6 billion, down 3.2... More
