UPDATE: Deutsche Bank Reiterates Buy Rating, Raises PT on Cisco Systems
Posted on February 04, 2013 at 10:10 AM EST
In a report published Monday, Deutsche Bank reiterated its Buy rating on Cisco Systems (NASDAQ: CSCO ), and raised its price target from $22.00 to $24.00. Deutsche Bank noted, “New switching portfolio - potential upside catalysts to FY13/14 growth story. We comment on Cisco's new switching platforms: positive catalysts in