Cisco Systems (CSCO) plummets on disappointing guidance. Jeff Pierce discusses this along with Palo Alto Networks (PANW) which falls on disappointing billings. A Barclays analyst noted that growth and guidance will weigh on the stock. Pierce also talks about Microsoft (MSFT) whose price target was upgraded to $425 from $400 at Wedbush. The Wedbush analyst stated that this reflects incrementally positive A.I. customer checks with “game changing” co-pilot monetization now on the doorstep. Tune in to find out more about the stock market today.
Morning Trade Live
16 Nov 2023
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