CSCO: Piper Ups to Buy; ‘Respectable’ FYQ4 on Tap, Sentiment Turns
Posted on August 09, 2012 at 01:22 AM EDT
Piper Jaffray‘s networking analyst Troy Jensen this evening raised his rating on shares of Cisco Systems (CSCO) to Overweight from Neutral, and raised his price target to $22 from $20, in advance of the company’s fiscal Q4 report next Wednesday, August 15th, citing the prospect the company will deliver a “respectable” report, in line with [...]