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Cisco Systems (CSCO) Rallies on Morgan Stanley Upgrade

Cisco Systems (CSCO) Rallies on Morgan Stanley Upgradeā€

Letko Brosseau Assocs accumulated 5.89 million shares.

Cisco Systems, Inc. (NASDAQ:CSCO) yearly performance is 33.56% and net profit margin is 20.20%.

In a report issued on May 1, Robert W. Baird also reiterated a Buy rating on the stock.

04/10/2017 - Cisco Systems, Inc. had its " rating reiterated by analysts at Deutsche Bank.

The company's consensus rating is now Strong Buy, with 13 analysts rating it a Strong Buy, and 6 analysts rating it with a Hold. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 6.26% since October 6, 2016 and is uptrending. The stock has a consensus rating of "Buy" and a consensus price target of $35.22. A rating of 4 or 5 would represent a Sell recommendation. After a recent check, company stock has been trading near the $34.21 mark. Looking out over the past year, company shares have been recorded -1.07% off the 52 week high and 33.76% away from the low over the same period.Covering sell-side analysts have recently weighed in on shares of Cisco Systems, Inc. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -0.23% where SMA50 and SMA200 are -0.34% and 7.18% respectively. The company's past year sales total was 12 Billion. At the International Securities Exchange (ISE), Chicago Board Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX), the stock's 10-day call/put volume ratio of 2.60 ranks in the 83rd annual percentile.

Bank Of Nova Scotia decreased its stake in Cisco Sys Inc (Call) (NASDAQ:CSCO) by 92.35% based on its latest 2017Q1 regulatory filing with the SEC. (NASDAQ:GASS) to report $-0.02 EPS on May, 24.After having $0.04 EPS previously, StealthGas Inc.'s analysts see -150.00% EPS growth. The company now has a Return on Equity of 15.50% and a Return on Investment of 11.40%. Revenue during the period amounted to $12.35B, while analysts were anticipating 12.34B. For the Current Quarter, 29 analysts are projecting the mean EPS to be $0.58/share. With SBUX shares enjoying a almost 8% year-to-date lead, roughly four-fifths of covering analysts maintain a "buy" or better rating, with not a single "sell" to be found. As per Tuesday, April 26, the company rating was initiated by Standpoint Research. On a consensus basis this yields to a Buy. This is an increase from Cisco Systems's previous quarterly dividend of $0.26. Cisco Systems's dividend payout ratio is presently 49.52%. He set a price target of 39, up from 32, on Cisco stock.

Laffer Investments increased Home Depot Inc (NYSE:HD) stake by 3,190 shares to 30,770 valued at $4.13 million in 2016Q4. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Prat Bhatt sold 15,672 shares of the stock in a transaction on Wednesday, March 15th. The shares were acquired at an average price of $33.92 per share, with a total value of $102,675.84. Tru Advsrs owns 42,775 shares or 1.47% of their United States portfolio. The disclosure for this sale can be found here. Insiders have sold 371,807 shares of company stock worth $12,668,893 in the last ninety days.

Other large investors have also recently added to or reduced their stakes in the company. Amalgamated Bank raised its position in Cisco Systems by 6.1% in the first quarter. Northern Trust Corp now owns 66,252,626 shares of the network equipment provider's stock valued at $2,101,533,000 after buying an additional 735,340 shares in the last quarter. Patriot Financial Group Insurance Agency LLC purchased a new position in shares of Cisco Systems during the fourth quarter worth about $128,000.

04/27/2017 - Cisco Systems, Inc. was upgraded to " by analysts at Credit Suisse.

When Cisco Systems (CSCO) reports third-quarter fiscal year 2017 earnings after the close on Wednesday, CEO Chuck Robbins will give his regular update on the networking company's shift to software and businesses with recurring revenues. Cisco Systems Inc. has $42 highest and $35 lowest target. Epoch Investment Partners Inc. now owns 7,179,892 shares of the network equipment provider's stock worth $242,681,000 after buying an additional 483,443 shares in the last quarter.

Cisco Systems, Inc designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. The Firm operates through three geographic divisions: Americas; Europe, the Middle East and Africa, and Asia Pacific, Japan and China (APJC). Botty Investors Limited Liability Company invested 0.63% in Cisco Systems, Inc.



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