Cisco Systems (NASDAQ:CSCO) recently released its quarterly report, exceeding analyst expectations but still facing a drop in revenue and profits. Despite 54% of its revenue coming from subscription services, Cisco struggled due to customers being overloaded with products yet to be installed, leading to decreased orders in previous quarters. However, there is hope as product … Read more
Cisco, based in San Jose, California, has announced its participation in an upcoming event with the financial community. The event will be conducted via webcast, and interested parties can register and view the session on the Cisco Investor Relations website. The company has stated that no new financial information will be shared during this conference … Read more
Cisco and Nutanix have collaborated to create a seamless integration that allows for the complete installation of a software stack remotely and with automation. This collaboration enables technicians to connect power cables to servers at an installation site while all configuration, patching, and deployment can be done remotely. Additionally, the flexibility of Nutanix’s architecture allows … Read more
In a recent article by SDxCentral, it was reported that Cisco has released its latest financial results, which were deemed uninspiring. However, CEO Chuck Robbins remains optimistic about the company’s future prospects. The acquisition of Splunk, a data analytics platform, is expected to drive momentum for Cisco in the coming months. Additionally, Robbins pointed out … Read more
Cisco Systems, a network equipment provider listed on the NASDAQ stock exchange under the symbol CSCO, received a “neutral” rating from Piper Sandler in a recent research report. The analysts at Piper Sandler set a price target of $52.00 for the company, indicating a potential upside of 7.95% from the current price. Other analysts have … Read more
Cisco Systems saw an increase in their price target from Oppenheimer Research Analysts, with a potential upside of 20.41% from the current price. Various other analysts have also issued ratings and price targets for Cisco Systems, with a consensus being a “Hold” rating and a price target of $56.47. The company’s stock opened at $48.17 … Read more
Cisco Systems saw its target price raised by analysts at Wells Fargo & Company from $52.00 to $57.00, with an “equal weight” rating on the stock. Other analysts have also provided their perspectives on Cisco Systems, with Needham & Company LLC reiterating a “hold” rating, UBS Group upgrading the stock to “neutral,” and StockNews.com upgrading … Read more
Cisco Systems (NASDAQ: CSCO) ha sido una empresa que ha estado en el radar de muchos inversores durante mucho tiempo. A pesar de haber caído en los últimos años, recientemente, la empresa ha demostrado sólidos fundamentos y potencial de crecimiento, lo que ha generado optimismo entre los inversores. La compañía, que se fundó en los … Read more
Cisco Systems, a network equipment provider listed on NASDAQ under the ticker symbol CSCO, saw its target price raised by Barclays from $48.00 to $50.00. Other research firms, such as Bank of America, Morgan Stanley, StockNews.com, and Deutsche Bank Aktiengesellschaft, also provided positive ratings and price target increases for the company. Overall, the consensus rating … Read more
The article discusses Cisco Systems Inc.’s recent earnings report and the impact on its valuation. Despite a slight decrease in stock price following the earnings release, the author reaffirms their “strong-buy” rating for Cisco. The company’s growth plan focuses on networking equipment, which is crucial for supporting the increasing bandwidth requirements of AI data centers. … Read more