Cisco Systems, Inc. (NASDAQ:CSCO) shares are tumbling nearly 8% in after-hours trading Wednesday, after the networking equipment maker said it expects sales to fall by 6% to 4% this quarter. This implies revenue of $11.88 billion to $12.13 billion, below consensus estimate of $12.53 billion. To the company’s credit, Cisco reported 3Q:FY17 sales of $11.94 billion, beating Street estimate of $11.90 billion, and pro forma EPS of $0.60, ahead of the Street at $0.58.

Drexel Hamilton’s top analyst Brian White commented, “We would be buyers of Cisco on any weakness this afternoon as we continue to believe Cisco’s stock will receive investor support given the company’s rich dividend yield, attractive valuation (just over 11x CY:18, ex-cash), expanding recurring revenue contribution, consistent execution and prime position as a beneficiary of potential revisions in repatriation policies.”

As such, White reiterates a Buy rating on Cisco Systems shares with a price target of $40, which represents a potential upside of 28% from where the stock is currently trading.

According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, 5-star analyst Brian White has a yearly average return of 11.4% and a 66% success rate. White has a 12.9% average return when recommending CSCO, and is ranked #116 out of 4566 analysts.

Out of the 32 analysts polled by TipRanks (in the past 12 months), 20 rate Cisco stock a Buy, while 12 rate the stock a Hold. With a return potential of 13%, the stock’s consensus target price stands at $35.40.