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Cisco Systems (CSCO) faces difficult product transitions that might enable smaller rivals to gain market share, says Barclays, which downgraded Cisco stock to equal weight from overweight. Barclays also noted in a research note Tuesday that Cisco has no apparent plans to exit unattractive or non-core businesses. Cisco stock fell a fraction to 21.45 near midday in the stock market today, but it’s down nearly 20% since August and fell 11% in Scalper1 News
Scalper1 News