CSCO: Deutsche Trims Target, FYQ1 Estimates Too High
Posted on November 05, 2012 at 10:46 AM EST
Shares of Cisco Systems (CSCO) are up 2 cents at $17.37 after Deutsche Bank‘s Brian Modoff this morning reiterated a Buy rating on the shares but cut his price target a dollar, to $21, writing that his “checks” with information technology distributors and IT buyers suggest “a cautious set up into the print” of Cisco’s [...]