Cisco Systems (NASDAQ:CSCO): INITIATING COVERAGE WITH A BUY AND $29 PT- Sterne Agee

Sterne Agee’s Shaw Wu is trying to make a name for himself in a somewhat curious way – he is initiating host of large cap Tech names this morning, among them Cisco Systems (NASDAQ:CSCO) with a Street high target of $29. I was somewhat stunned to see such optimism, so here’s the thesis: We are [...]