Cisco is initiated with a 'buy' and Lennar is downgraded to 'sell.'
Solid finances and a low valuation make this tech leader a long-term buy in a difficult market.
Despite worsening turbulence in Europe, these stocks still rate a buy.
PepsiCo is upgraded to 'outperform,' and KLA-Tencor is downgraded to 'underweight.'
CEO John Chambers isn't to blame for Cisco's weakness, and neither is the company.
Stocks advance despite a steep decline in Cisco following its weak sales outlook.
The turnaround story deserves more respect now that the company has surpassed expectations for four quarters.
| Tags: | CSCOTheStreetcom |
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