Exane BNP Paribas Initiates Coverage On Cisco Systems with Underperform Rating, Announces Price Target of $45
Portfolio Pulse from richadhand@benzinga.com
Exane BNP Paribas analyst Karl Ackerman has initiated coverage on Cisco Systems with an Underperform rating and a price target of $45.
July 20, 2023 | 10:03 am
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NEGATIVE IMPACT
Cisco Systems has been given an Underperform rating by Exane BNP Paribas, with a price target of $45.
The Underperform rating given by Exane BNP Paribas suggests that the analyst believes Cisco Systems' stock will do worse than the market average. This could potentially lead to a decrease in the stock's price. The price target of $45 provides a specific value expectation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100