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Friday, November 13, 2020

Cisco Shares Jump Over 8% After Earnings Beat; Target Price $55 in Best Case

Cisco Shares Jump Over 8% After Earnings Beat; Target Price $55 in Best CaseCisco, the world’s leading provider of IP-based networking solutions, reported better-than-expected revenue and profit in the first quarter of fiscal 2021 as demand for its network services, teleconferencing tools and cybersecurity software surged amid COVID-19 pandemic, sending its shares up over 8% in after-hours trading on Thursday.


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