BofA Securities Upgrades Cisco (CSCO) to Buy 'on three growth drivers, low expectations, and valuation support'
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Cisco Systems (CSCO) upgraded to buy at BofA on 3 growth drivers
April 15, 2024 6:36 AM EDTBank of America Securities upgraded shares of Cisco Systems (NASDAQ: CSCO) to Buy from Neutral in a note Monday, raising the stock price target to $60 from $55 per share.
Analysts at the bank highlighted three growth drivers for the company, as well as low... More
Cisco Systems (CSCO) Completes Acquisition of Isovalent
April 15, 2024 5:03 AM EDTCisco (NASDAQ: CSCO) today announced the completion of the acquisition of Isovalent, a leader in open source cloud native networking and security. This marks a significant step forward in... More
Citi opens a positive catalyst watch on Cisco Systems (CSCO) stock
April 12, 2024 11:24 AM EDTCiti opened a 90-day positive catalyst watch on Cisco Systems (NASDAQ: CSCO) in a note Friday. It also resumed coverage of the stock with a Neutral rating and $52 per share price target.
Analysts at the bank told investors that the catalyst for the... More
Citi Resumes Cisco (CSCO) at Neutral, Opening a Positive Catalyst Watch
April 12, 2024 5:12 AM EDTCiti analyst Atif Malik resumes coverage on Cisco (NASDAQ: CSCO) with a Neutral rating and a price target of $52.00.
The analyst said: "We resume coverage of CSCO with a Neutral rating and a $52 TP. While estimates likely come down for 1-2 quarters on... More
