Cisco Systems "hold"

27.05.08 - Stifel Nicolaus

NEW YORK, May 27 (newratings.com) - Analyst Sanjiv Wadhwani of Stifel Nicolaus & Company maintains his "hold" rating on Cisco Systems Inc (CSCO).

In a research note published this morning, the analyst mentions that in the feedback taken by Network World recently, Cisco Systems? customers have indicated that the company's WAAS solution is easy to use and is attractively priced. The feedback results demonstrate that there is steady improvement in the solution and Cisco Systems has narrowed the technology gap against Riverbed, the analyst says. Cisco Systems continues to expand its market share, Stifel Nicolaus & Company adds.