Cisco Systems (CSCO) is "not out of the woods," but the stock appears to have discounted the...

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

Cisco Systems (CSCO) is "not out of the woods," but the stock appears to have discounted the worst, Gleacher's Brian Marshall says in upgrading shares to Buy from Hold ahead of its FQ4 earnings report this afternoon. Marshall sees results roughly in line with Street consensus, at $10.98B in revenue and $0.38 EPS. CSCO -0.4% premarket.