Analysts: Cisco’s Leverage Is Underappreciated and 3 More Research Notes to Check Out
Cisco Systems (NASDAQ:CSCO): Citigroup sees Cisco’s economic leverage as being underappreciated, and thinks positive earnings surprises could drive shares to $30. It keeps a Buy rating with a $26 price target.
Stellus Capital (NYSE:SCM): A “green light” letter from the U.S. Small Business Administration that invited the company to continue its application process to obtain a license to form a Small Business Investment company subsidiary has led Janney Capital to upgrade the shares of Stellus, from Neutral to Buy.
Thermo Fisher (NYSE:TMO): Impressed by the company’s analyst day, Mizuho has raised its price target on Fisher from $90 to $100, while keeping its Buy rating.
Thomson Reuters (NYSE:TRI): Piper Jaffray has brought the company to Neutral, up from Underweight, based on improving financial market conditions. It also raised its price target from $27 to $34.
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