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

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

Cisco Systems (Nasdaq: CSCO) sees Q1 revs flat to up 1 percent, with the estimate unchanged from the prior quarter. The company sees reinvesting nearly all of its cost-savings back into the business.

No bounce back of emerging markets is expected for... More

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