Cisco Systems Seen Capturing Share Of Cloud Market

By | December 13, 2013

Scalper1 News

Cisco Systems (CSCO) may be struggling to boost revenue growth, but the No. 1 maker of computer networking gear has plenty of upside, says an analyst. Alex Kurtz, an analyst for Sterne Agee, said in a report Friday that the company is amid a transition that could well work out long term. He wrote this even as Cisco this week reduced its long-term revenue growth outlook to 3% to 6% over the next three to five years from its prior forecast of 5%-7%. Scalper1 News

Scalper1 News