|Bid||31.3600 x 5800|
|Ask||31.3700 x 14900|
|Day's Range||31.3600 - 31.5900|
|52 Week Range||27.1300 - 34.6000|
|PE Ratio (TTM)||15.96|
|Dividend & Yield||1.16 (3.65%)|
|1y Target Est||N/A|
The cloud-based networking vendor wins the latest patent battle, but the coast is not yet clear.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Cisco Systems, Inc. Here are 5 ETFs with the largest exposure to CSCO-US. Comparing the performance and risk of Cisco Systems, Inc. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker ... Read more (Read more...)
Here are some things going on today in your world of tech: Shares of networker Arista Networks (ANET) are down $1.45, or 1%, at $146.61, despite price targets rising this morning after word circulated yesterday afternoon that the company won a patent victory against Cisco Systems (CSCO). After Wells Fargo claimed Arista got a favorable ruling from the Patent and Trademark Association, the association today confirmed that fact, with a posting from the administrative patent judges who said that Cisco’s approach to “maintain a set of access control patterns” is “unpatentable," as Arista claimed. The final judgement, chock full of networking diagrams, concludes Cisco’s technology "would have been obvious … to a person of ordinary skill in the art." In response to all that, Gabelli & Co.’s Hendi Susanto thinks this is an "incremental positive” and reiterates a Buy rating, while Credit Suisse’s Kulbinder Garcha thinks that nonetheless, the upside for the company is “priced in” to the shares and reiterates a Neutral rating and a $140 price target.