Cisco: Why Analysts Are Targeting 35% Gains By Christmas

Quick Summary:

The company continued its long track record of smashing expectations in its most recent earnings report from August, easily topping analyst forecasts. 

This was the starting point for the current rally, and the strong showing has fueled optimism heading into November's earnings report, with many expecting another positive surprise.

Shares of Cisco Systems Inc (NASDAQ: CSCO) have been making headlines for all the right reasons with their multi-month rally, which has added 30% since August.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: MarketBeat

Category: Technology

Markets: United States

Topics: Tech CSCO Trading Ideas Contributors General

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-24 @ 11:25:46 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 675 words

Reading Time: 4 minutes read

Sentences: 30 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23223306

View Article Analysis

About Benzinga

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 21 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions