How Cisco Systems Performed Ex-Splunk, 8 Analysts Weigh In On Q3 Earnings: Here's Where 'Upside Primarily Came From'

Benzinga · May 16 23:11

Shares ofCisco Systems Inc(NASDAQ:CSCO) declined in early trading on Thursday, even after the company reported stronger-than-expected results for its fiscal third quarter.

The results came amid an exciting earnings season. Here are some key analyst takeaways.

Goldman Sachs analyst Michael Ng maintained a Neutral rating, while reducing the price target from $50 to $48.
Piper Sandler analyst James Fish reiterated a Neutral rating, while lifting the price target from $51 to $52.
Oppenheimer analyst Ittai Kidron reaffirmed an Outperform rating, while raising the price target to $58.
Rosenblatt Securities analyst Mike Genovese maintained a Neutral rating, while raising the price...

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.

How Cisco Systems Performed Ex-Splunk, 8 Analysts Weigh In On Q3 Earnings: Here's Where 'Upside Primarily Came From'

Risk Disclaimer