Cisco's AI Expansion and Cloud Growth Drive Analyst Upgrades And Price Hikes, Citing Growth Like Extreme & Juniper

1. Cisco's EPS was 94 cents, beating expectations of 91 cents. 2. Quarterly revenue reached $13.9 billion, surpassing the $13.87 billion estimate. 3. Analysts increased price targets, with Rosenblatt raising to $80. 4. Cisco anticipates strong demand for AI infrastructure, with orders exceeding $1 billion. 5. Recent earnings report strengthens confidence in Cisco's growth outlook for 2025.