ARGUS Upgrades Cisco Systems (CSCO) to Buy
ARGUS upgrades Cisco Systems (Nasdaq: CSCO) from Hold to Buy with a $24 price target, citing valuation and its position for competitive outperformance. ARGUS analyst says, “We recognize the risk of continued sequential revenue declines and concomitant margin pressure for…
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ARGUS upgrades Cisco Systems (Nasdaq: CSCO) from Hold to Buy with a $24 price target, citing valuation and its position for competitive outperformance.
ARGUS analyst says, “We recognize the risk of continued sequential revenue declines and concomitant margin pressure for the network giant. Nonetheless, we believe that Cisco is well positioned for competitive outperformance in its fast-evolving markets…
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