Published on 20 Mar 2024 on Benzinga
Piper Sandler analyst James Fish reiterated Cisco Systems Inc CSCO with a Neutral and raised the price target from $47 to $51.
On March 14, Cisco won the EU clearance for its pending Splunk deal, resulting in Cisco closing on Splunk on March 18, long ahead of the initial close date and giving Cisco approximately half a quarter of its contribution in the fiscal third quarter.