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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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August 28, 2015
07:17 EDTCSCOCoomunication tech stock drop likely a buying opportunity, says Wells Fargo
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August 25, 2015
09:35 EDTCSCOActive equity options trading on open
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August 21, 2015
12:13 EDTCSCOBrocade soars after Q3 results top estimates
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August 18, 2015
11:01 EDTCSCOScansource exercises LOI to acquire assets of KBZ
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August 17, 2015
11:18 EDTCSCOEZchip to supply chips to cloud data centers, Bloomberg says
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10:09 EDTCSCOOn The Fly: Analyst Downgrade Summary
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07:39 EDTCSCOTMC to hold a conference
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06:45 EDTCSCOCisco downgraded to Equal Weight from Overweight at Morgan Stanley
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August 14, 2015
16:16 EDTCSCOStocks end week higher after China rattles market with currency moves
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16:00 EDTCSCOOptions Update; August 14, 2015
iPath S&P 500 VIX Short-Term Futures down 4c to 16 Option volume leaders: AAPL FB BAC MU NFLX TWTR HUN TSLA BABA MSFT RAD CSCO JCP AMZN SUNE

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