Cisco Likely To Miss Expectations and 4 Stock Analyses to Know Now
Cisco Systems, Inc. (NASDAQ:CSCO): According to Deutsche Bank, its channel checks suggest that the company will probably miss the consensus expectations for Q1 as a result of weakness in network upgrades. The firm keeps its Buy rating, due to FY13 product cycles along with a favorable risk/reward, but it lowered its price target to $21 from $24 on the stock.
Amazon.com Inc. (NASDAQ:AMZN) has been added to the Conviction Buy List at Evercore.
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Equinix, Inc. (NASDAQ:EQIX) price target has been increased by Benchmark Co. after it reported its Q3 results, and the firm reiterates its Buy rating on the stock.
Smith & Wesson Holding Corporation (NASDAQ:SWHC): Benchmark Co. mentioned the FBI’s report on Friday showing that adjusted firearms background checks had risen 18.4 percent during October and background checks for handguns saw a 24.8 percent rise year-over-year. According to the firm, handguns account for about 60 percent and 68 percent of Smith & Wesson’s total sales, and Sturm, Ruger (NYSE:RGR), respectively.
LifeLock (NYSE:LOCK) has been added to the short-term buy list at Deutsche Bank.
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