Broadcom, Cisco, Arista Networks And A Financial Stock On CNBC’s ‘Final Trades’
9/21/2026
Impact: 70
Technology
Broadcom Inc. reported third-quarter fiscal 2026 revenue of $29.59 billion, exceeding analyst estimates of $29.36 billion, with adjusted earnings of $3.32 per share, surpassing the expected $3.24. Analysts from Deutsche Bank initiated coverage on both Arista Networks and Cisco Systems with Buy ratings and price targets of $220 and $135, respectively. On the stock market, Broadcom shares rose 3% to close at $357.61, while shares of Arista, Cisco, and Itaú Unibanco fell slightly, with Itaú Unibanco missing earnings expectations in its latest report.
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