Cisco Systems (CSCO) Affirms FY14 Revs Outlook; Will Take 'Significant Actions' to Transform Company - CEO Chambers

Cisco (CSCO) PT Raised to $29 at Nomura

Nomura Securities analyst Stuart Jeffrey reiterated a Buy rating and lifted his price target on Cisco (NASDAQ: CSCO) to $29.00 (from $27.00) citing low low multiples and strong momentum following Q4 results.

"Strong Q4 revenues and order bookings suggest that FY2015E... More

Cisco (CSCO) Risk/Reward Balanced Despite Solid Quarter, Jefferies Says

Jefferies analyst George Notter reiterated a Hold rating and $24 price target on Cisco (NASDAQ: CSCO) saying risk/reward is balanced despite a another solid quarter.

otter comments, "Our impressions of Ciscos forward-looking EPS power havent really changed exiting Q4 EPS results.... More

Cisco (CSCO) Buy Rating Maintained at Deutsche Bank

Deutsche Bank maintained a Buy rating on Cisco (NASDAQ: CSCO) with a price target of $30. Comments follow Q4 results. Analyst Brian Modoff noted solid Q4 performance, although Q1 guidance was mixed.

"Q4: $12.35B / $0.55 - solid beat on revs, EPS vs DB and consensus. The Q1... More

Cisco (CSCO) Executing in Still Tough Environment - BofA/Merrill Lynch

BofA/Merrill Lynch analyst Tal Liani reiterated a Buy rating and $28 price target on Cisco (NASDAQ: CSCO) citing solid execution in Q4 despite a tough environment.

Liani highlighted three key takeaways: "Cisco is demonstrating a successful implementation of its strategy with new products generating... More

Cisco (CSCO): Goldman Sees Acceleration Into Year End

Goldman Sachs maintained a Buy rating on Cisco (NASDAQ: CSCO) with a price target of $29. Comments follow Q4 results. Analyst Simona Jankowski see acceleration into year-end and 2015.

"We reiterate our Buy rating, as we think the positives (largely company-specific and long-term in nature) outweighed the... More

Cisco Systems (CSCO) See Q1 EPS of 51c - 53c; Est. at 53c; Plans 8% Headcount Reduction

Cisco Systems (NASDAQ: CSCO) sees Q1 adjusted EPS of $0.51 - $0.53, with the estimate at $0.53. The company plans to cut 6,000, or 8 percent of its workforce.

Cisco Systems (CSCO) Sees Green-to-Red Reversal Post Earnings

Cisco Systems (NASDAQ: CSCO) is down 3% after trading up 1% immediately following earnings. The move follows comments from CEO Chambers that the company sees no bounce in emerging markets.

Cisco Systems, Inc. (CSCO) Tops Q4 EPS by 2c; Plans to Cut 8,000 Jobs

(Updated - August 13, 2014 4:07 PM EDT)

Cisco Systems, Inc. (NASDAQ: CSCO) reported Q4 EPS of $0.55, $0.02 better than the analyst estimate of $0.53. Revenue was $12.4 billion, versus the consensus at $12.1 billion.

On its call, the company said it sees Q1 adjusted EPS of $0.51 - $0.53, with the estimate at $0.53. The company plans to cut 6,000, or 8 percent of its workforce. The company also said it sees no bounce back of emerging markets is expected for "several quarters."

"We are executing well in a tough environment and delivered our best non-GAAP earnings per share... More