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2 stories matching “Cisco Systems”

MARKETS

Bank of America Reaffirms Bullish Call on Cisco Following Earnings Selloff

Despite a sharp post-earnings stock drop, Bank of America reiterated its Buy rating on Cisco Systems with a $150 price target, pointing to accelerating enterprise and cloud infrastructure bookings.

The Company Wire|6 days ago|4 min read

MARKETS

Cisco Shares Tumble 9% as Wall Street Questions Long-Term Growth Pace

Despite delivering record quarterly results and exceeding revenue forecasts, Cisco Systems saw its stock drop 9% on Thursday as analysts warned of potential growth deceleration in future fiscal years.

The Company Wire|Aug 13|3 min read