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Stock Market & Financial Investment News

News Breaks
January 14, 2013
10:33 EDTCSCOCisco rises after two analysts boost rating on shares
Cisco Systems (CSCO) is advancing after two analysts upgraded the stock in notes to investors earlier today. William Blair analyst Jason Ader upgraded the shares to Outperform from Market Perform. The company has taken several positive steps, including reducing its costs, instituting a dividend, and getting out of consumer businesses at which it did not excel, Ader wrote. Moreover, looming threats to Cisco's business will not emerge as quickly as previously expected, and the company should continue to execute well, the analyst added. Cisco's stock is relatively safe and inexpensive, Ader believes. Meanwhile, Robert W. Baird analyst Jayson Noland raised the stock to Outperform from Neutral. The firm's research indicates that Cisco is executing very well, Noland wrote. Like Ader, Noland believes that the company has been boosted by its restructuring efforts, while it's unlikely to be threatened by new software networking technologies in the near future. Noland identified Cisco as his favorite large cap stock for 2013, and he increased his price target on the shares to $25 from $21. In mid-morning trading, Cisco rose 30c, or 1.46%, to $20.78.
News For CSCO From The Last 14 Days
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September 1, 2014
14:07 EDTCSCOCowen and Cisco to hold a conference call
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14:00 EDTCSCOCisco to hold a conference call
Vice President and General Manager-Computing Systems Perez discusses Cisco's new UCS innovations and portfolio expansion on a conference call to be held on September 4 at 12 pm. Webcast Link
11:13 EDTCSCOStephens to hold an investor trip
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August 31, 2014
13:27 EDTCSCOAT&T to hold a conference
16th Annual AT&T Cyber Security Conference will be held in New York on September 3-4 with webcast availability on September 4 at 9 am; Webcast Link
August 29, 2014
06:15 EDTCSCOCisco implied volatility of 13 at lower end of index mean range
August 27, 2014
12:13 EDTCSCOAruba Networks climbs after earnings beat prompts upgrades
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08:48 EDTCSCOAruba Networks upgraded to Overweight at Stephens
As previously reported, Stephens upgraded Aruba Networks (ARUN) to Overweight from Equal Weight and raised its price target on the stock to $25 from $22, citing the company's strong Q4 results and the firm's belief that Cisco (CSCO) has become increasingly less competitive over the last several quarters.
August 20, 2014
06:26 EDTCSCOCisco COO says annual layoffs 'wrong way to do it,' Business Insider reports
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August 19, 2014
11:05 EDTCSCOImperva seen as takeover candidate under new CEO
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08:42 EDTCSCOImperva new CEO has history of selling companies, says Sterne Agee
After Imperva (IMPV) appointed Anthony Bettencourt as its new CEO, Sterne Agee says that he has a history of selling companies. The firm believes that Imperva "would likely be an acquisition candidate" for a number of large tech companies such as Cisco (CSC), Juniper (JNPR), HP (HPQ), IBM (IBM), Check Point (CHKP), or F5 (FFIV). Sterne Agee believes that Imperva could be acquired for as much as $45 per share, and it keeps a Buy rating on the stock.

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