Citigroup’s Paul Mansky, dropped CSCO firm’s rating to Hold from Buy saying its difficulty with the company lies with the apparent mutual-exclusivity between revenue growth and operating margin expansion. Stock was up 0.13 or 0.5% to 26.35, recovering from morning declines. The technical chart are showing some improvement by the indicators MACD and RSI, but I'm still cautions.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

Labels: CSCO