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Cisco Systems (NASDAQ:CSCO) Rating Lowered to “Hold” at Zacks Research
['Joseph Griffin']
Ticker Report
Cisco Systems (NASDAQ:CSCO – Get Free Report) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Tuesday,Zacks.com reports.
Get Cisco Systems alerts:View Our Latest Report on Cisco SystemsCisco Systems Stock Down 0.2%Shares of NASDAQ:CSCO opened at $121.50 on Tuesday.
Key Cisco Systems NewsHere are the key news stories impacting Cisco Systems this week:Positive Sentiment: UBS expects Cisco to exceed fourth-quarter revenue and earnings consensus estimates.
Negative Sentiment: Zacks Research downgraded Cisco Systems (CSCO) from “strong buy” to “hold.”
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