Cisco Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Financial Results - Cisco Systems, Inc. is set to release its fourth-quarter financial results on August 13, with analysts expecting earnings of 98 cents per share, an increase from 87 cents per share in the same period last year [1] - Projected quarterly revenue is $14.62 billion, compared to $13.64 billion a year earlier [1] Stock Performance - Cisco shares increased by 1% to close at $71.38 on Tuesday [2] Analyst Ratings - UBS analyst David Vogt maintained a Neutral rating and raised the price target from $70 to $74 [4] - Evercore ISI Group analyst Amit Daryanani downgraded the stock from Outperform to In-Line with a price target of $72 [4] - Morgan Stanley analyst Meta Marshall maintained an Overweight rating and increased the price target from $67 to $70 [4] - JP Morgan analyst Samik Chatterjee maintained an Overweight rating and raised the price target from $73 to $78 [4] - Wolfe Research analyst George Notter initiated coverage with a Peer Perform rating [4]