Morningstar
•
May 15, 2025
Cisco Systems, Inc.: Cisco Earnings: We Like Core Networking Strength and Raise Our Valuation to $56 From $54
Summary
Cisco Systems is the largest provider of networking equipment in the world and one of the largest software companies in the world. Its largest businesses are selling networking hardware and software (where it has leading market shares) and cybersecurity software such as firewalls. It also has collaboration products, like its Webex suite, and observability tools. It primarily outsources its manufacturing to third parties and
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