Barclays Upgrades Cisco (CSCO) to Overweight
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Price: $48.25 -0.14%
Rating Summary:
27 Buy, 29 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
27 Buy, 29 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
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Barclays upgraded Cisco (NASDAQ: CSCO) from Equalweight to Overweight with a price target of $21.00.
The stock offers "material appreciation if the economic picture is steady, downside protection should it not, and good cash returns either way," the analyst said.
For an analyst ratings summary and ratings history on Cisco click here. For more ratings news on Cisco click here.
Shares of Cisco closed at $16.54 yesterday.
The stock offers "material appreciation if the economic picture is steady, downside protection should it not, and good cash returns either way," the analyst said.
For an analyst ratings summary and ratings history on Cisco click here. For more ratings news on Cisco click here.
Shares of Cisco closed at $16.54 yesterday.
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