Is Cisco Undervalued At $46, Amid Network Recovery And Splunk Revenue Upside?
Splunk(SPLK) Forbes·2024-06-21 17:45
Cisco logo is seen during Impact'24 congress in Poznan, Poland on May 16, 2024. (Photo by Jakub ... [+] Porzycki/NurPhoto via Getty Images)NurPhoto via Getty ImagesCisco Systems Inc (NASDAQ: CSCO) stock has underperformed this year, falling by about 9% since early January. Cisco’s product sales have seen a slowdown as customers have been focused on installing and implementing the products purchased over the last few quarters. Moreover, large companies, including cloud service providers and telecommunic ...