Cisco Systems' stock price target raised to $51.00 from $46.50 at UBS
Cisco Systems' stock price target raised to $51.00 from $46.50 at UBS
Previous Close |
---|
$45.93 |
5 Day |
|
1 Month |
|
3 Month |
|
YTD |
|
1 Year |
|
Cisco Systems' stock price target raised to $51.00 from $46.50 at UBS
Shares of Arista Networks Inc. are up 2.6% in Tuesday morning trading after several analysts commented on the company's recent analyst day. Morgan Stanley analyst James Faucette reiterated his overweight rating on the stock, writing the Arista's "attraction as a stock is the push into new markets, including campus, that the company is just beginning, while we think the market is overly focused on hyperscale customer dynamics (where we still see good demand growth)." Faucette sees Arista's move into campus networking as one that could potentially double the company's total addressable market. Instinet's Jeffrey Kvaal saw some positives as well but maintained his neutral rating and $235 target. "Arista's well-attended analyst day yesterday formally announced the details of what had been an open secret-an entry into the campus switching market," Kvaal wrote. "We find Arista's plan to offer cloud tools for the campus networks of existing enterprise customers credible, though early." He said that the news could be seen as a "long-term risk for Cisco ." Arista shares are up 82% over the past 12 months, while the S&P 500 has gained 11%.
Cisco Systems started at overweight with $57 stock price target at J.P. Morgan
Shares of Fortinet Inc. are down 0.9% in Wednesday trading after Morgan Stanley analysts downgraded the stock to equal-weight from overweight. "While Fortinet is not expensive at 14x CY19 FCF, we believe a discount is warranted as its hardware-oriented business model is less well positioned that its competitive sets, including Cisco and Palo Alto Networks ," wrote the analysts, led by Melissa Franchi. The team at Morgan Stanley also raised their price target on overweight-rated Palo Alto Networks to $224 from $205. "Its growing portfolio of cloud-related security solutions and software-related differentiation positions it for durable double digit growth," the analysts wrote of Palo Alto Networks, whose shares are little changed in Wednesday's session. Fortinet's stock is up 50% over the past 12 months, while Palo Alto Networks shares have gained 65%. The S&P 500 is up 13% in that time.
Although the Big 3 market indexes all closed lower, market breadth was mixed, with a slightly positive reading on the NYSE and a negative reading on the Nasdaq exchange. On the Big Board, the number of advancing stocks outnumbered decliners 1,503 to 1,387, according to FactSet, while volume in advancing issues accounted for 50.1% of total volume. On the Nasdaq, however, decliners topped advancers 1,601 to 1,289, while declining volume was 64.5% of total volume. Meanwhile, the Dow Jones Industrial Average fell about 9.29 points, or less than 0.1%, but 16 of 30 components closed with gains. All of the Dow's Nasdaq-listed components--Apple Inc. , Microsoft Corp. , Cisco Systems Inc. and Intel Corp. --were among the losers. The S&P 500 fell 0.3% and the Nasdaq Composite shed 0.9%.
Innovium and Barefoot Networks contend that they can speed up innovation in the networking sector.
The networking specialist run by former Cisco managers is about to take on their former employer in the corporate market. Can they succeed?
Among the companies with shares expected to trade actively in Friday's session are Dropbox, Nvidia, Alphabet, Facebook and Verizon.
In a blog post, Cisco attacked YouTube over concerns about its advertisements appearing alongside unsavory content. But that post later vanished.
Apple flexed its financial muscle with a record $100 billion plan to buy back stock from investors, as it reported strong gains in revenue and profit even as growth in the number of iPhones sold remained weak.
Apple’s aggressive plans to buy back stock and increase its dividend is designed to fulfill a longstanding promise to shower its cash stockpile on shareholders.
Stocks to watch on Tuesday include Apple, Boeing, Pfizer and Hasbro
The Silicon Valley giant is making fast progress in its bid to raise what will be the largest U.S.-based venture fund.
American companies that supply chips, antennas and other gear to ZTE are bracing for a sizable revenue loss after the U.S. said they no longer would be able to sell components to the Chinese telecommunications giant.
DnB cut its investments in Intel and Micron in half. It also bought more Cisco, Vishay, and Oracle.
An unsettled market outlook means companies’ capacity to deliver cash—in the form of share buybacks and dividend payments—is of key importance for shareholders.
Facebook’s mishandling of user data is shining a light on a long-simmering issue for chief information officers as the custodians of business data, says TBM Council founder Chris Pick.
Some older workers bristle as chat apps proliferate, adding new distractions on top of endless emails.
Techies turn to puns, historical references in desperate efforts to devise standout monikers; the problem with Badlock
As enterprise collaboration market hit an all-time highs in revenue, a new report shows that Microsoft’s enterprise collaboration tools are gaining market share as customers make growing use of cloud computing platforms.
Cisco appears to be losing ground in the global enterprise collaboration market, as large firms move voice, email and networking tools off premise, Synergy Research Group reports.
Investors rushed out of the biggest names in the tech industry, the latest sign that scrutiny from lawmakers and regulators, backlash from consumers and flagging share performance is threatening to undermine their dominance in the stock market.
The selloff illustrates how market-tracking indexes can frustrate efforts to diversify.
A brawl between the U.S. government and Huawei is putting America’s rural internet providers in a bind. Many of them rely on Chinese telecom equipment, which faces potential new restrictions from the FCC and Congress.
Companies with the most buybacks generally outperform their peers, says JPMorgan.
Cisco Systems stock has rallied more than 35% since November 2017 and could gain additional ground after Wednesday's earnings report.
Cisco's (CSCO) Q3 earnings are likely to driven by its digitization capabilities, especially 5G initiatives. Strength in networking, cloud and security are other positive factors.
Cisco’s (CSCO) Infrastructure segment is the firm’s largest division, accounting for ~55.0% of the company's total revenues in fiscal 2Q18.
Wal-Mart, Macy's, Cisco and Amazon are part of Zacks Earnings Preview
Mastercard, Express, Home Depot, Cisco Systems and Walmart highlighted as Zacks Bull and Bear of the Day
Infinera (INFN) shares rose nearly 9% in the last trading session, amid huge volumes.
According to Synergy Research, Cisco Systems (CSCO) has maintained a slender lead over Microsoft (MSFT) in the enterprise collaboration market.
These five top growth companies are all rated Buy and pay outstanding dividends, and they have good growth prospects.
Cisco’s Applications segment generated revenues of $4.6 billion in fiscal 2017, an increase of 3.0% year-over-year, compared to $4.4 billion in fiscal 2016.
Game Plan For The Week - Cramer's Mad Money (5/11/18)
Buy Diamondback Energy On Declines - Cramer's Lightning Round (5/11/18)
Robert W. Baird analyst Jayson Noland maintained a Buy rating on Cisco Systems (NASDAQ: CSCO) ...[...]
24/7 Wall St. has put together a preview of Cisco Systems, Deere, Walmart and some of the other top companies reporting their latest results in the coming week.
Cisco Systems remains the best-performing Dow stock of 2018 after adding more than 1% to its share price last week.
Juniper Networks Faces 'Ongoing' Business Pressures, Credit Suisse Says
Weil Company, Inc. Buys Starbucks Corp, ishares Gold Trust, Nutrien, Sells Apple Inc, PowerShares S&P 500 Equal Weight Portfolio, iShares Core U.S. Aggregate Bond
The networking specialist run by former Cisco managers is about to take on their former employer in the corporate market. Can they succeed?
Innovium and Barefoot Networks contend that they can speed up innovation in the networking sector.
Artificial Intelligence in Security Market is Forecast to Cross US$ 35 Billion by 2024
Global Self-Healing Grid Market Opportunities 2018: Cisco Systems , Itron, International Business Machines Corporation, Wipro Limited,
Global Unified Communication Market Opportunities 2018: AT&T , Microsoft Corporation, International Business Machines Corporation, Verizon Communications
Global Bring Your Own Device (BYOD) & Enterprise Mobility Market Overview 2017-2026: Infosys Limited, Cisco Systems Inc, SAP SE, AT&T, Tech Mahindra Limited, IBM Corporation, Microsoft Corporation, Honeywell International, Blackberry Limited and Tata Consultancy Services Limited
Data Monetization Market - Global Opportunity Analysis and Industry Forecast, 2017-2023
Global Video Conferencing Services Market Competitive landscape: InterCall, Vidyo Inc, ZTE Corporation
Global gold nanoparticles market growth is expected to be driven majorly by revenue contribution by North America market over the forecast period
Video Surveillance and VSaaS Market Global Industry Demand, Size, Growth Research Report By 2022
Point-of-Sale (POS) Terminals Market Global Industry Demand, Size, Growth Research Report By 2022
Cloud Infrastructure Market Size will Exceed US$ 206.93 Billion by 2022
5G Technology Market is Forecast to Cross 90 Million by 2023
Internet of Everything (IoE) Market Global Industry Demand, Size, Growth Research Report By 2022
Software Defined Infrastructure Market Research Share Analysis and Trends By 2022
Global Hyper-Convergence Data Center Market 2018 Share, Trend, Segmentation and Forecast to 2025
Healthcare Mobility Solutions Market is Supposed to Reach US$ 148.00 Billion By 2023
Global Self-Healing Grid Market Competitive landscape: General Electric Company, Oracle Corporation
Global Unified Communication Market Competitive landscape: International Business Machines Corporation
Global web content filtering market growth is expected to be driven by increasing web threats
Global IOT in Healthcare Market is Supposed to Reach US$ 158 Billion By 2022
Cisco Systems, Inc. designs, manufactures and sells Internet Protocol based networking products and services related to the communications and information technology industry. Its product offerings comprises of the following categories: Switches, Routers, Wireless, Network Management Interfaces and Modules, Optical Networking, Access Points, Outdoor and Industrial Access Points, Next-Generation Firewalls, Advanced Malware Protection, VPN Security Clients, Email and Web Security. The company was founded by Sandra Lerner and Leonard Bosack on December 10, 1984 and is headquartered in San Jose, CA. (See Full Profile)
Name | Chg % | Market Cap |
---|---|---|
Microsoft Corp. | $750.65B | |
Citrix Systems Inc. | $14.56B | |
F5 Networks Inc. | $10.5B | |
NETGEAR Inc. | $1.78B | |
Telefon AB L.M. Ericsson ADR | $26.51B |