The Latest Breaking News from Cisco Systems

Cisco Systems Inc (NASDAQ: CSCO) shares are trading lower Thursday after the company reported worse-than-expected top-line results and issued guidance below analyst estimates.

The Dow Jones Industrial Average sold off Thursday, as Cisco Systems stock plunged 12% on weak earnings results.

Credit Suisse has decided to maintain its Outperform rating of Cisco Systems (NASDAQ:CSCO) and lower its price target from $73.00 to $72.00. Shares of Cisco Systems are trading down 0.14% over the last 24 hours, at $49.49 per share.

While the market has been witnessing a massive sell-off on concerns over the Fed’s hawkish monetary policy to curb rising inflation, the ongoing Russia-Ukraine war, and lockdowns in China, the Dow Jones Industrial Average could rebound later this year with the fast-paced reopening of industrial activities. So, Apple (AAPL) and…

Someone with a lot of money to spend has taken a bearish stance on Cisco Systems (NASDAQ:CSCO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Cisco Systems and Hewlett Packard Enterprise face supply chain hurdles in 2022, according to analysts who downgraded the technology stocks.

Within the last quarter, Cisco Systems (NASDAQ:CSCO) has observed the following analyst ratings:

The stock market has been volatile of late on investor concerns about further sanctions on Russia and the potential for aggressive rate hikes by the Fed this year. So, we think it could be wise now to invest in quality mega-cap stocks because they are expected to generate steady returns…

Cisco Systems Inc (NASDAQ: CSCO) shares have traded relatively flat since the end of January, but the stock appears to be recording higher lows and building support around the $54 level.