Cisco Systems (CSCO) Tops Q2 EPS by 3c, Guides Q3 EPS In-Line
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Cisco (CSCO) Qtr Good Enough to Boost Oversold Stock - UBS
February 11, 2016 9:37 AM ESTUBS analyst Steven Milunovich lowered his price target on Cisco (NASDAQ: CSCO) to $29.00 (from $31.00) but maintained a Buy rating. The analyst said the quarter was good enough to boost the stock, which they view as oversold.
commented, "Cisco reported a mixed... More
Cisco (CSCO) Guidance Better Than Feared - BMO
February 11, 2016 7:31 AM ESTBMO Capital analyst, Tim Long, thinks Cisco's (NASDAQ: CSCO) guidance was better than people were expecting despite comments that business has slowed in the first weeks of January. With a 4% dividend yield and strong cash flows, the reward is greater than the near term... More
Jefferies Upgrades Cisco (CSCO) to Buy
February 11, 2016 6:52 AM ESTJefferies upgraded Cisco (NASDAQ: CSCO) from Hold to Buy with a price target of $27.50 (from $26.00).
Analyst George Notter commented, "Cisco's results and guidance were consistent with our prior views they hit the quarter and guided down modestly relative to Street expectations. Their commentary about the... More
Cisco Systems (CSCO) Raises Quarterly Dividend 23.8% to $0.26; 4.6% Yield
February 10, 2016 4:13 PM ESTCisco Systems (NASDAQ: CSCO) declared a quarterly dividend of $0.26 per share, or $1.04 annualized. This is a 23.8% increase from the prior dividend of $0.21.
The dividend will be payable on April 27, 2016, to stockholders of record on April 6, 2016, with an ex-dividend date of April 4,... More
Cisco Systems (CSCO) Announces $15B Buyback
February 10, 2016 4:12 PM ESTIn addition to earnings, Cisco Systems (NASDAQ: CSCO) announced that its board of directors has also approved a $15 billion increase to the authorization of the stock repurchase program. Cisco's board had previously authorized up to $97 billion in stock repurchases. There is no fixed... More
