Cisco pays 42 cents per share each quarter, and analysts expect $1.32 per share in Q1 profit, versus $1.00 a year earlier. Results are not reported yet, and Morgan Stanley cut its target from $135 to $120, so the story shows no clear change in Cisco's outlook.
The article does not report a change to Cisco’s dividend or new quarterly results. The higher profit figure is an analyst estimate compared with last year, and the target cut points the other way. These details do not show a clear change in Cisco’s outlook.
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