Cisco in ‘Deep Value’ Turf, Says Mizuho
Posted on July 19, 2012 at 11:33 AM EDT
Mizuho Securities’s Joanna Makris today pounds the table on shares of Cisco Systems (CSCO), writing that the stock, trading is “entering deep value territory” trading at a P/E of just six times based on $5.87 per share in cash and projected EPS of $1.84 next year. Makris, who maintains a Buy rating on the shares [...]
