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Cisco Systems (CSCO) might be down, but it’s far from out. So says Jason Ader, an analyst with William Blair & Co., in a research report Thursday. He says the computer networking leader still has plenty of upside despite late Wednesday posting a year-to-decline in revenue for its fiscal Q2 ended Jan. 25. That was its first revenue drop in more than four years, as IBD reported. Investors need more assurances, however. Cisco stock was down more than Scalper1 News
Scalper1 News