Cisco Systems, Inc. (NASDAQ:CSCO) Upgraded by Two Firms to Market Perform - JNPR, RVBD, ARUN

Pompano Beach, FL -- (SBWIRE) -- 01/14/2013 -- Analysts, on Monday at two companies raised Cisco Systems, Inc. (NASDAQ:CSCO) as both companies believe the tech firm is executing well in the existing environment.

Analysts at William Blair raised CSCO to “Outperform” from “Market Perform” whereas Robert Baird analysts raised the firm to “Outperform” from “Neutral.” Robert Baird assigns Cisco a $25 price estimate, suggesting a +22% premium to Friday’s settling price of $20.48.

Should CSCO a Buy or Sell Now? Find Out Here

Cisco shares added 22 cents, or +1.07%, during early trading on Monday. The stock gained 7.45% last year.

Cisco Systems (CSCO) shares have a 2.73% dividend yield, calculated on Friday’s ending stock price of $20.48. The shares have technical support in the $19 price zone.

At the current trading session, Cisco Systems, Inc. (NASDAQ:CSCO) shares are up +1.61% to $20.81 while the stocks are trading within the range of $20.65 – $20.84. In the past year, the stock has traded within a range of $14.96 – $21.30. Average daily trading volume is 37.81 million shares.

For How Long CSCO will Fight for Profitability? Read This Trend Analysis report

If we look at a few other stocks within industry, Juniper Networks, Inc., Riverbed Technology, Inc. and Aruba Networks, Inc. are in the top volume leaders. Let’s have a quick look on their Market performance.

Juniper Networks, Inc. (NYSE:JNPR) shares are up +0.19% to $20.70 while the stock is trading within the range of $20.50 – $20.84 in the current trading session. In the last 12 months the shares have traded between $14.01 and $25.04. The average daily trading volume is 6.87 million shares.

Why Should Investors Buy JNPR After The Recent Gain? Just Go Here and Find Out

Riverbed Technology, Inc. (NASDAQ:RVBD) shares in the current session moved up +1.31% reaching $20.19. The stocks are trading in a range of $19.81 – $20.35. In the last year the stock has moved within a range of $13.30 – $30.73. The Company’s average daily trading volume is 3.40 million shares.

Will RVBD Continue To Move Higher? Find Out Here

Another rival company, Aruba Networks, Inc. (NASDAQ:ARUN), is trading down -1.29% to $22.28. Intraday trading recorded the stock price in a range of $22.10 to $22.55. In the previous 52 weeks the stock’s price ranged between $12.36 and $25.00. Their average daily trading volume is 2.19 million shares.

Why Should Investors Buy ARUN After the Recent Fall? Just Go Here and Find Out

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