Oppenheimer Reiterates Outperform on Cisco Systems, Maintains $58 Price Target
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Ittai Kidron has reiterated an 'Outperform' rating on Cisco Systems (NASDAQ:CSCO) and maintained a price target of $58.
August 17, 2023 | 12:00 pm
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Cisco Systems has received an 'Outperform' rating from Oppenheimer, with a maintained price target of $58.
The 'Outperform' rating from Oppenheimer indicates a positive outlook for Cisco Systems. This could potentially lead to an increase in the company's stock price in the short term. The maintained price target of $58 also suggests that the analyst believes the stock is currently undervalued.
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