Barclays Maintains Equal-Weight on Cisco Systems, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long has maintained an Equal-Weight rating on Cisco Systems (NASDAQ:CSCO) and raised the price target from $51 to $53.
August 17, 2023 | 10:56 am
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POSITIVE IMPACT
Barclays has maintained an Equal-Weight rating on Cisco Systems and raised the price target from $51 to $53. This could potentially lead to a positive market reaction.
The raised price target by Barclays indicates a positive outlook for Cisco Systems. This could potentially lead to increased investor confidence and a positive market reaction in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100