Buy Cisco on the dip because the Amazon threat worries are ‘overdone’: Bank of America

Buy Cisco on the dip because the Amazon threat worries are ‘overdone’: Bank of America

6 years ago
Anonymous $hM_jrxqbr-

https://www.cnbc.com/2018/07/16/buy-cisco-because-the-amazon-worries-are-overdone-bank-of-america.html

The decline in Cisco Systems shares last week is a good buying opportunity, according to Bank of America Merrill Lynch.

The firm reiterated its buy rating for Cisco Systems shares, downplaying the competitive threat from Amazon in the switch business.