Cisco Systems Stock Gained Momentum in H1 2018
Cisco Systems (CSCO) stock returned 14.0% in the first half of 2018. Cisco beat its earnings estimates in the fiscal third quarter by 1.5%, and it beat estimates in the fiscal second quarter by 6.8%. Analysts have a median price target of $50.00 for Cisco, which indicates that the stock is trading at a discount of 16.0% to analyst estimates.