Cisco Systems Up Nearly 6% After 3Q Earnings Beat -- Data Talk
May 16 2019 - 11:40AM
Dow Jones News
Cisco Systems Inc. (CSCO) is currently at $55.52, up $3.08 or
5.86%
-- Would be highest close since May 1, 2019, when it closed at
$55.58
-- On pace for largest percent increase since Feb. 11, 2016,
when it rose 9.64%
-- Earlier Thursday, Credit Suisse and Morgan Stanley raised
their price target for Cisco Systems, Benzinga reported
-- On Wednesday, Cisco Systems reported third-quarter results
that beat Wall Street targets and the company said it sees a "very
minimal impact" from higher tariffs from a U.S.-China trade
clash
-- Currently up four of the past five days
-- Currently up three consecutive days; up 8.22% over this
period
-- Best three day stretch since the three days ending Feb. 15,
2018, when it rose 8.57%
-- Up 28.12% year-to-date
-- Traded as high as $55.62; highest intraday level since May 2,
2019, when it hit $55.89
-- Up 6.06% at today's intraday high; largest intraday percent
increase since Nov. 15, 2018, when it rose as much as 6.25%
-- Best performer in the DJIA today
-- Best performer in the S&P 500 today
-- Best performer in the Nasdaq 100 today
-- Contributed 20.88 points to the DJIA so far today
All data as of 11:01:50 AM
Source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
May 16, 2019 11:25 ET (15:25 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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