Cisco (CSCO) Downgraded to ‘Sector Perform’ by Pacific Crest

Analysts at Pacific Crest lowered their rating on Cisco Systems, Inc (CSCO) shares to ‘Sector Perform’ from ‘Outperform’ in a research note issued to clients on Monday. The firm, which believes shares are fairly valued at $26 per share, cited [via Fly] “valuation and concern the company’s margin expansion could moderate in 2015.” Cisco shares […] View the full post at: Cisco (CSCO) Downgraded to ‘Sector Perform’ by Pacific Crest Related posts: Top Pre-Market Stock Upgrades/Downgrades April 12, 2010 Financial Sector Stability Key to Growth: Bernanke The Trade Deficit: Why the Financial Sector is Thriving