Piper Jaffray Maintains Neutral Rating On Cisco Systems

According to Piper Jaffray, Cisco Systems CSCO held an analyst day. Piper Jaffray said that Cisco's 2011 Analyst Day event provided investors with more transparency with regard to management's long-term growth assumptions for each major product category, customer segment and geographic region. "We are maintaining our Neutral rating and $17 price target on shares of CSCO." Cisco Systems closed yesterday at $16.35.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm
Posted In: Analyst ColorAnalyst RatingsPiper Jaffray
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!