Analysts: Cisco’s Headed For A Rebound and 4 More Research Notes to Know

Cisco Systems, Inc. (NASDAQ:CSCO): According to Pacific Crest, there are multiple catalysts that it views as having the potential to cause Cisco’s EPS to reach $3 in the longer term, and the firm continues to be confident that the company will be able to rebound this year. Furthermore, the firm is convinced that data networking has come near to the bottom, and it recommends buying Cisco.