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Stock impact report

Where is Cisco Systems (CSCO) Headed According to Analysts? [Yahoo! Finance]

Evercore Inc. Class A (EVR) 
Last evercore inc. class a earnings: 4/22 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
rating update from Evercore ISI on January 26, which upgraded the stock to Outperform from In Line and raised the price target to $100 from $80. The firm stated that while investors will debate whether the stock is secular or cyclical, Evercore ISI sees “plenty of tailwinds” that support Cisco Systems, Inc.'s (NASDAQ:CSCO) ability to sustain high single-digit sales and low-teens EPS growth on a multi-year basis. This includes AI momentum, a campus refresh, EBIT margin expansion, and the recovery in traditional enterprise and telco markets. The firm further told investors that an EPS greater than $5.00 is possible by FY27 with a resurgence in core networking coupled with AI acceleration. The rating update came the same day Cisco Systems, Inc. (NASDAQ:CSCO) announced the launch of the Cisco 360 Partner Program after fifteen months of co-design with partners. Now live, the program is specialized to deliver outcomes that are achievable only through Cisco and its ecosystem, highlightin Show less Read more
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