Citigroup’s Paul Mansky, dropped CSCO firm’s rating to Hold from Buy saying its difficulty with the company lies with the apparent mutual-exclusivity between revenue growth and operating margin expansion. Stock was up 0.13 or 0.5% to 26.35, recovering from morning declines. The technical chart are showing some improvement by the indicators MACD and RSI, but I'm still cautions.
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That's All. Have a nice evening !!!
AC
Labels: CSCO