Cisco shares to soar on its subscription sales opportunity: JP Morgan
https://www.cnbc.com/2018/06/11/cisco-shares-to-soar-on-its-subscription-sales-opportunity-jp-morgan.html
Cisco shares will thrive due to its pivot to a more recurring revenue business model, according to one top Wall Street firm.
J.P. Morgan reiterated its overweight rating for Cisco's stock, predicting the company's recently announced mandatory subscription offering for networking switches will boost its profits.
Cisco shares to soar on its subscription sales opportunity: JP Morgan
Jun 11, 2018, 7:57pm UTC
https://www.cnbc.com/2018/06/11/cisco-shares-to-soar-on-its-subscription-sales-opportunity-jp-morgan.html
> Cisco shares will thrive due to its pivot to a more recurring revenue business model, according to one top Wall Street firm.
> J.P. Morgan reiterated its overweight rating for Cisco's stock, predicting the company's recently announced mandatory subscription offering for networking switches will boost its profits.