Cisco (CSCO) is downgraded to Sell with $18 price target at JPMorgan. Positive investor...

|About: Cisco Systems, Inc. (CSCO)|By:, SA News Editor

Cisco (CSCO) is downgraded to Sell with $18 price target at JPMorgan. Positive investor sentiment on the stock "(has) gotten ahead of itself" given the sluggish enterprise spending environment. "Investors should be using Cisco as a source of funds from current levels." Shares -1.5% premarket.