The Latest Breaking News from Cisco

Cisco Systems Inc (NASDAQ: CSCO) made a takeover offer worth more than $20 billion for software maker Splunk Inc (NASDAQ: SPLK), 

While potential interest rate hikes could mar the tech industry’s growth, the current and continuing digital transformation makes the industry’s long-term prospects bright. So, we think it could be worth betting on Dow tech stocks Microsoft (MSFT) and Cisco (CSCO). We expect them to gain in price in the near…

Growing demand for efficient networking solutions from residential, commercial, and industrial customers in this digital era should keep driving the industry’s growth. Therefore, prominent networking players Cisco (CSCO) and CommScope (COMM) should benefit. But which of these stocks is a better buy now? Read more to find out.

Goldman Sachs analyst Rod Hall downgraded Cisco Systems Inc (NASDAQ:CSCO) to Neutral from Buy with an unchanged price target of $65, suggesting an upside of 8.82%. The analyst says the shares are approaching the price target while his fundamental outlook "is now in line with consensus." Hall continues to see Cisco's ongoing Cat 9K refresh…