Evercore ISI analyst Amit Daryanani is closing the firm’s tactical outperform call on Cisco after the company reported a "sizable beat" in the January quarter. The firm’s take remains that Cisco remains positioned to pick-back their market share, which should help provide a buffer against macro concerns. Evercore has an Outperform rating and $60 price target on Cisco shares.
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Published first on TheFly
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