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Cisco: BMO Ups to Buy; Stock Undervalues Cash Flow

CSCO  

Linked by BARRONS.com: Tech Trader Daily ( track newsfeed | ignore newsfeed ) - June 20, 11:31AM from (blogs.barrons.com)

Shares of Cisco Systems (CSCO) are up 34 cents, or almost 2%, at $17.52 after BMO Capital’s Tim Long raised his rating on the shares to Outperform from Market Perform, with a $21 price target, up from $20. Long thinks investors fail to fully appreciate Cisco’s cash flow generation, which is “solid” and growing, he ...

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