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JPMorgan Reiterates Neutral Rating on Cisco (CSCO)

June 5, 2024 5:04 AM EDT

JPMorgan analyst Samik Chatterjee reiterated a Neutral rating and $53.00 price target on Cisco (NASDAQ: CSCO)

The analyst comments "We rate Cisco shares Neutral as the near-term attractiveness of a discounted relative valuation in context of the re-rating of the broader coverage is... More