There is significant investor activity surrounding Cisco Systems (CSCO) recently, characterized by various financial institutions amassing and shedding stocks. Some firms, such as TCTC Holdings LLC and Applied Finance Capital Management LLC, bought significant shares while others, like Consolidated Planning Corp and SpiderRock Advisors LLC reduced their holdings. Despite these movements, Cisco's stock is perceived to be underperforming the broader market. Many are curious about the company's earnings in its upcoming Fiscal Q1 report and future fiscal year, and expectations from Wall Street are taken into account.
There's increasing interest in whether Cisco is a worthy investment with positive trends recorded and a high rating from Tigress Financial driven by AI growth and a transition to a subscription model contributing to its appeal. Cisco's plan for a 360 Partner Program to accelerate value and innovation is also set for 2026, and it expects to expand large-scale artificial intelligence capabilities. Ferguson Wellman Capital Management Inc. and Olstein Capital Management L.P. have reduced their holdings in the company, driven by reasons such as exploring more attractive opportunities and monitoring a potential board shift at Cisco.
Cisco Systems CSCO News Analytics from Wed, 08 May 2024 07:00:00 GMT to Sat, 09 Nov 2024 14:49:44 GMT - Rating 5 - Innovation 7 - Information 8 - Rumor -3
