Cisco Systems’ shares fell more than 2% on Friday after HSBC downgraded the networking equipment maker from “buy” to “hold”, citing concerns that the company’s recent restocking boost is losing steam.
Cisco Systems CSCO is set to release its first-quarter fiscal 2025 results on Nov. 13. The company anticipates first-quarter fiscal 2025 revenues between $13.65 billion and $13.85 billion. Non-GAAP ...
Cisco Systems CSCO shares have surged 16% in the trailing 12 months, underperforming the Zacks Computer & Technology sector’s appreciation of 30.7% and the Zacks Computer – Networking industry’s ...