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Drexel Hamilton Reiterates Buy on Cisco Systems (CSCO) Following 3Q - PT to $36
May 19, 2016 9:20 AM EDTDrexel Hamilton reiterated a Buy rating on Cisco Systems (NASDAQ: CSCO), and raised the price target to $36.00 (from $34.00), following the company's 3Q earnings report. Cisco reported sales of $12.0 billion that met consensus estimates of $11.95 billion and pro forma EPS of $0.57 was better than the consensus'... More
Baird Raises Price Target on Cisco Systems (CSCO) Following In-Line 3Q
May 19, 2016 7:10 AM EDTBaird reiterated an Outperform rating on Cisco Systems (NASDAQ: CSCO), and raised the price target to $32.00 (from $30.00), following the company's 3Q earnings report. CSCO reported revenue of $12.0 billion, in-line with consensus estimates. nNon-GAAP EPS of $0.57 was also in-line with consensus of $0.55. Management... More
