Cisco Gets Six Price Target Hikes After Q2 Earnings

By | February 12, 2015

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Cisco Systems (CSCO) appears to be back on track after the No. 1 computer networking equipment maker late Wednesday reported what it called its best across-the-board results in three years, beating estimates. The company’s outlook for the current quarter was mostly in line. Analysts cheered. At least six investment banks raised their price targets on Cisco stock, which was up nearly 8% in morning trading in the stock market today, near 29, its Scalper1 News

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