Morgan Stanley lifts rating on Cisco/boosted confidence in its business prospect
Morgan Stanley announced that it has enhanced the rating on Cisco System to ¡§outperform the market¡¨.It cited the following reasons for the uplift:Boosted confidence in its business outlook;Cisco awarded several contracts by service providers;Boasts potential operational advantages;And target share price of Cisco can be set at HK$25 according to new evaluation method.
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