Cisco remains focused on transitioning to a more software-centric business model. Infrastructure Platforms division has been the most impacted by COVID-19, with sales declining 16% year over year in the fiscal first quarter (end 31th July). The company expects demand to rebound as customers adopt a hybrid model of coming into the office as well as working from home. This is a great solid company with low debt and an interesting dividend yeld. We could set a target price in the area 56.00/60.00 Usd per share .
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