Cisco Systems, Inc. (NASDAQ: CSCO) arise its budgetary third-quarter results, which beatific shares lower by added than 4 percent — a move investors should booty advantage of, according to Baird.
Baird Equity Research’s Jayson Noland maintains an Outperform appraisement on Cisco with an banausic $51 amount target.
Cisco’s balance address was “solid” beyond about every assessable metric, but investors don’t arise afflicted with management’s fourth-quarter guidance, Noland said in a analysis report. Here is a arbitrary of some of the notable takeaways:
Shares of Cisco were trading lower by added than 3.3 percent at $43.61 aboriginal Thursday afternoon.
Cisco To Address Q3 Earnings: What’s In Store?
A Third Electric Vehicle ETF Charges Up
See added from Benzinga
© 2018 Benzinga.com. Benzinga does not accommodate advance advice. All rights reserved.
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