What Could Be Coming For Cisco, According To Cantor Fitzgerald

In a report published Tuesday, analysts at Cantor Fitzgerald maintained their Buy rating on

. The price target was set to $33. The analysts expect the company to report strong 3Q:FY15 results. The analysts expect Cisco to report strong results for Q3, driven by strong execution, despite the weakening in carrier spending in the U.S. and the softening emerging markets. The analysts believe that "strength in the data center, healthy trends in the enterprise/commercial market and strong execution should be able to offset these soft spots." The company is scheduled to announce its results on Wednesday. Cantor Fitzgerald expects Cisco to post its revenue in line with the estimates and the consensus, with slightly higher than expected EPS. The new CEO, Chuck Robbins, is scheduled to take over from John Chambers on July 26, 2015. The analysts expect the company to consequently provide a conservative guidance for 4Q:FY15. The current valuation of the stock offers an attractive option for investors, according to Cantor Fitzgerald.