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Goldman Sachs Upgrades Cisco to “Conviction Buy”; Says Fundamentals Have Turned Positive

CSCO  

Linked by The Dividend Daily ( track newsfeed | ignore newsfeed ) - August 09, 09:09AM from (www.dividend.com)

Networking equipment maker Cisco Systems, Inc. (CSCO) on Thursday caught a huge upgrade from analysts at Goldman Sachs. The firm added CSCO to its prestigious "Conviction Buy" List with a $24 price target, suggesting a massive 40% upside to the stock's Wednesday closing price of $17.16. Goldman noted that recent channel checks indicate company fundamentals ...

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