Raymond James Maintains Outperform on Cisco Systems, Raises Price Target to $64
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Simon Leopold maintains an Outperform rating on Cisco Systems (NASDAQ:CSCO) and raises the price target from $63 to $64.
May 18, 2023 | 11:42 am
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Raymond James analyst maintains Outperform rating on Cisco Systems and raises price target from $63 to $64.
The news of Raymond James maintaining an Outperform rating and raising the price target for Cisco Systems is positive for the company's stock. This indicates that the analyst has a favorable view of the company's performance and growth prospects, which could lead to increased investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100