Cisco price target raised to $71 from $66 at Barclays

Barclays raised the firm’s price target on Cisco (CSCO) to $71 from $66 and keeps an Equal Weight rating on the shares. The company reported no surprised with a slight beat revenue and earnings along with forward guidance in-line with consensus, the analyst tells investors in a research note. The firm adds that Cisco’s order growth decelerated and should be a challenging metric as compares get harder the next few quarters