Cisco Stock News

Russia-Ukraine, January PPI, Index Action, Rate Hike Handicapping, Trading Cisco: Market Recon…BWA

More than 500 companies are scheduled to report quarterly earnings this week, with about half due on Wednesday and Thursday.

Cisco (CSCO) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising ear

Networking-hardware company Arista posted better-than-expected fourth-quarter numbers, and guided to the upside. This bodes well for Cisco and Ciena.

The major averages plunged on Monday as investors’ concerns grow over the tension between Russia and Ukraine, in addition to the Federal Reserve’s plan to hike interest rates. The Dow Jones Industrial Average fell about 270 points, pulled down by losses in Cisco and Chevron. The S&P 500 plummeted 0.6%, while the technology-heavy Nasdaq Composite […] The post Dow Plunges 250 points As Investors Watch Russia-Ukraine Tensions, Fed’s Hikes appeared first on USA Herald .

The U.S. has now officially closed its Ukraine embassy in the capital city of Kyiv, but efforts to continue negotiations rather than embark on a ground war persist at this hour.

Over the past 3 months, 5 analysts have published their opinion on Cisco Systems (NASDAQ: CSCO ) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company''s business to predict how a stock will trade over the upcoming year. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 2 3 0 0 Last 30D 0 1 0 0 0 1M Ago 0 0 1 0 0 2M Ago 0 0 1 0 0 3M Ago 0 1 1 0 0 In the last 3 months, 5 analysts have offered 12-month price targets for Cisco Systems. The company has an average price target of $65.0 with a high of $73.00 and a Full story available on Benzinga.com

Splunk stock is rising on hopes for a potential M&A buyout. Here''s how the chart looks now.

Cisco Systems Inc (NASDAQ: CSCO ) recently offered over $20 billion to acquire Splunk Inc (NASDAQ: SPLK ). However, they were not in active discussions. Credit Suisse analyst Phil Winslow said he was "not surprised" by Cisco''s reported interest in Splunk, especially considering the strategic fit of the latter with Cisco''s existing IT security businesses and the prior acquisition of AppDynamics. Winslow said he has long viewed Splunk as a unique asset from a technology perspective. The company''s revenue metrics- in terms of both scale and growth- are consistent with some of the most iconic companies in the software industry''s history. Winslow has an Outperform rating and a price target of $225 (81% upside) on Splunk''s shares. Morgan Stanley analyst Meta Marshall said she would view a … Full story available on Benzinga.com

Cisco is reported to have made a bid worth more than $20bn for Splunk. The Wall Street Journal claims Cisco made an offer recently, but added that there are currently no active talks taking place. Neither Cisco nor Splunk have commented on the rumours, but the latter’s share price rose by more than 10 percent […]

Shares of Splunk Inc. undefined climbed more than 8% Monday on reports that Cisco Systems Inc. undefined has made a $20 billion acquisition offer for the…

Shares of Splunk Inc. ( SPLK , Financial) jumped by approximately 14% on Monday in the wake of reports late Friday of a $20 billion buyout offer from Cisco Systems Inc. ( CSCO , Financial).

Did you know the S&P 500 has a 60% chance of dropping on Valentine's Day? That's just one trend that could be worth watching this week.

SPLK stock is in the green this morning after it was reported that Cisco had offered $20 billion-plus for the software company.

Here is a look at early tech winners and losers following Monday''s opening bell.