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Cisco: Consensus Too High Given Carrier Spend Weakness, Says Mizuho

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Shares of Cisco Systems are up a penny at $24.71 following a mixed article by Mizuho Securties U.S.A.'s Matthew Hoffman , who reiterates a Neutral rating on the shares, and a $23 price target, writing that while trends in spending by telcos are weak and weakening, Cisco's exposure to it is not as bad as that of, say, Juniper Networks .


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