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via finance.yahoo.comMarkets

Cisco beats earnings but stock falls as banks cut price targets

FROM THE WIRE · FINANCE.YAHOO.COM

Investment banks lowered price targets on Cisco stock amid concerns over peaking growth, product order deceleration and margin pressures. Continue Reading

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe stock decline reflects doubts on growth, orders and margins despite better-than-expected earnings.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Cisco beat earnings expectations.
  2. 02Investment banks lowered price targets.
  3. 03Concerns cover peaking growth, slowing product orders and margin pressure.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Cisco Systems, Inc.CSCOStock102.01 USDMarket closedtoday +1.24%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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