Today’s Free Research Reports Coverage on Cisco Systems and Three More Communication Equipment Stocks

Stock Research Monitor: CIEN, COMM, and EXTR

LONDON, UK / ACCESSWIRE / June 1, 2018/ If you want a free Stock Review on CSCO sign up now at www.wallstequities.com/registration. WallStEquities.com has selected the following Communication Equipment stocks for assessment this morning: Ciena Corp. (NYSE: CIEN), Cisco Systems Inc. (NASDAQ: CSCO), CommScope Holding Co. Inc. (NASDAQ: COMM), and Extreme Networks Inc. (NASDAQ: EXTR). Companies in the Telecommunications Equipment industry produce technologies and services that are used to facilitate people’s communication. Major products include cell phones, chipsets, wireless and landline infrastructure equipment, digital subscriber-line and cable modems, and networking devices. All you have to do is sign up today for this free limited time offer by clicking the link below.

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Ciena

On Thursday, shares in Hanover, Maryland headquartered Ciena Corp. recorded a trading volume of 10.19 million shares, which was above their three months average volume of 3.49 million shares. The stock ended the session 4.20% lower at $23.05. The Company’s shares are trading 0.14% below their 200-day moving average. Moreover, shares of Ciena, which provides hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide, have a Relative Strength Index (RSI) of 26.04.

On May 03rd, 2018, research firm JP Morgan initiated an ‘Overweight’ rating on the Company’s stock.

On May 31st, 2018, Ciena has entered into a definitive agreement to acquire privately held Packet Design, LLC, a provider of network performance management software focused on Layer 3 network optimization, topology, and route analytics. This acquisition will help accelerate Ciena’s Blue Planet software strategy by extending its intelligent automation capabilities beyond Layers 0-2 and into IP, with critical new capabilities to help customers optimize service delivery and maximize network utilization. Get the full research report on CIEN for free by clicking below at:

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Cisco Systems

San Jose, California headquartered Cisco Systems Inc.’s stock closed the day 0.33% lower at $42.71. A total volume of 31.33 million shares was traded, which was above their three months average volume of 24.74 million shares. The Company’s shares have advanced 35.46% over the past year. The stock is trading 9.94% above its 200-day moving average. Additionally, shares of Cisco Systems, which designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry worldwide, have an RSI of 39.51.

On May 10th, 2018, research firm Credit Suisse initiated a ‘Neutral’ rating on the Company’s stock, with a target price of $41 per share.

On May 30th, 2018, Cisco Systems announced that its Board of Directors declared a quarterly dividend of $0.33 per common share, to be paid on July 25th, 2018, to all shareholders of record as of the close of business on July 06th, 2018. Free research on CSCO can be accessed at:

www.wallstequities.com/registration/?symbol=CSCO

CommScope Holding

Shares in Hickory, North Carolina headquartered CommScope Holding Co. Inc. recorded a trading volume of 3.49 million shares, which was higher than their three months average volume of 1.72 million shares. The stock ended yesterday’s trading session 0.31% lower at $29.32. The Company’s shares have advanced 6.27% in the past month. The stock is trading below its 50-day moving average by 17.16%. Furthermore, shares of CommScope, which provides infrastructure solutions for communications networks worldwide, have an RSI of 33.58.

On May 10th, 2018, research firm Credit Suisse initiated a ‘Neutral’ rating on the Company’s stock, with a target price of $31 per share.

On May 15th, 2018, CommScope announced plans to participate in the Bank of America Merrill Lynch Global Technology Conference on June 06th, 2018, at 4:35 p.m. ET. The live webcast can be accessed under Investor Relations page of the Company’s website. Visit WallStEquities.com now and sign up for the free research on COMM at:

www.wallstequities.com/registration/?symbol=COMM

Extreme Networks

San Jose, California headquartered Extreme Networks Inc.’s stock finished Thursday’s session 0.35% lower at $8.61. A total volume of 2.40 million shares was traded, which was above their three months average volume of 2.12 million shares. The Company’s shares are trading below their 50-day moving average by 17.18%. Additionally, shares of Extreme Networks, which provides software-driven networking solutions for enterprise customers worldwide, have an RSI of 36.75.

On May 08th, 2018, Extreme Networks released the results for its fiscal Q3 ended March 31st, 2018. Revenue for the quarter was $262.0 million, and GAAP gross margin was 54.6%. GAAP operating margin for Q3 of fiscal 2018 was (3.1)%, and GAAP net loss was $13.6 million. The free technical report on EXTR is available at:

www.wallstequities.com/registration/?symbol=EXTR

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