Dow's Cisco Upgraded On Software, Security, Networking; Shares Rise

A motorcyclist rides past Cisco Systems Inc. signage at the company's headquarters in San Jose California U.S. on Friday Aug. 15 2014

Dow's Cisco Upgraded On Software, Security, Networking; Shares Rise

Who is Viptela? In August, we called Viptela the leading pure-play based on conversations with industry participants. Looking back over the last month, shares have performed 5.58%.

05/09/2017 - Cisco Systems, Inc. was downgraded to " by analysts at BMO Capital Markets.

Analysts await Cisco Systems, Inc.

Analysts are also projecting an Average Revenue Estimate for Cisco Systems, $27000 in the Current Quarter.

The recent/current "WannaCry" ransomware attacks tangentially benefit CSCO, which combined with Morgan Stanley's fundamental enthusiasm dovetails with my increasingly bullish intermediate and longer term technical outlook calling for a challenge and hurdle of key resistance at $34.53-.60 that triggers upside targets of $35.60-.90, then 37-38 in route to my optimal target zone of $41-$43. Bank Of Nova Scotia sold 1.99 million shares as the company's stock declined 4.06% while stock markets rallied. Also, EVP Chris Dedicoat sold 34,597 shares of the company's stock in a transaction on Friday, February 24th. "Cisco continues to drive a mix shift towards software and recurring revenues, and in conjunction with strong firewall refresh activity, will gain share of IT budgets as customers increasingly favor Cisco's end-to-end portfolio and architecture to improve cybersecurity".

Cisco Systems, Inc. has PE ratio of 17.69 with a one year low of $26.46 and a one year high of $34.60 and has a market capitalization of $0. The stock's price moved up its 200-day moving average of $32.89. Many traders and investors view the 52-week high or low as an important factor in determining a stock's current value and predicting future price movement. The stock is presently trading down its SMA-50 of $33.81. (NASDAQ:CSCO) to report earnings on May, 17 after the close. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road. The firm had revenue of $11.60 billion during the quarter, compared to analysts' expectations of $11.55 billion. Jackson Grant Investment Advisers Inc. boosted its stake in shares of Cisco Systems by 4,150.0% in the fourth quarter.

Cisco Systems, Inc. (CSCO) is expected to post revenue of $11.56 Billion in the current quarter, according to consensus of 27 analysts.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 26th. Cowen & Co maintained the shares of CSCO in report on Thursday, August 18 with "Outperform" rating. They now have a United States dollars 35 price target on the stock. Old Comml Bank In owns 0.13% invested in Cisco Systems, Inc. They expect $0.46 earnings per share, up 15.00% or $0.06 from last year's $0.4 per share.

In the transaction dated February 23, 2017, the great number of shares disposed came courtesy the Director; SARIN ARUN disposed a total of 13,869 shares at an average price of $34.06, amounting to approximately $472,378.

Laffer Investments increased Home Depot Inc (NYSE:HD) stake by 3,190 shares to 30,770 valued at $4.13 million in 2016Q4. Shares for $537,050 were sold by BHATT PRAT. West Oak Cap Ltd owns 3,988 shares for 0% of their portfolio. The disclosure for this sale can be found here. Several institutional investors have recently bought and sold shares of CSCO. Edmond DE Rothschild Monaco purchased a new stake in Cisco Systems during the third quarter valued at about $111,000. Invictus RG now owns 15,293 shares of the network equipment provider's stock worth $517,000 after buying an additional 9,510 shares in the last quarter. Northern Trust Corp now owns 66,252,626 shares of the network equipment provider's stock valued at $2,101,533,000 after buying an additional 735,340 shares in the last quarter. Patriot Financial Group Insurance Agency LLC acquired a new stake in shares of Cisco Systems during the fourth quarter worth approximately $128,000. Quarterly performance of the company shows optimistic momentum of 7.08% while its last one month trend is positive with 2.54%.

Garde Capital Inc. boosted its position in Cisco Systems, Inc.

Analysts await Cisco Systems, Inc.

Cisco Systems, Inc designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world.

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