Cisco could see a nearly 25% post-earnings boost over the next quarter, pro trader says

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Cisco could see a nearly 25% post-earnings boost over the next quarter, pro trader says

(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) NYSE insider Jay Woods is keeping a special …

(PRO Views are exclusive to PRO subscribers, giving them insight on the news of the day direct from a real investing pro. See the full discussion above.) NYSE insider Jay Woods is keeping a special eye on Cisco this week, as he sees the potential for the internet infrastructure company to rise to $110 or $120 over the next quarter as "realistic upside targets." Shares of Cisco closed at $96.57 on Friday. A price level of $120 would imply a rally of more than 24%. …

Original source: CNBC Top News

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