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Morgan Stanley Remains Sidelined on Cisco Systems, Inc. (CSCO) Following CiscoLive Event

Following Cisco Systems, Inc. (NASDAQ:CSCO)’s CiscoLive! conference in Las Vegas, Morgan Stanley analyst James Faucette provided his insights on the company. The event in Las Vegas attracted more than 26,000 attendees and focused on security and IoT education.

The analyst believes that Cisco’s management took full advantage of their attentive audience. The company’s management explained that Cisco is driving its network reach a shift into the IT security sector. The company seeks to build its security platform around “the core functional elements of visibility...