Citigroup Maintains Neutral on Cisco Systems, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik maintains a Neutral rating on Cisco Systems and raises the price target from $54 to $55.
August 17, 2023 | 1:50 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Cisco Systems and raises the price target from $54 to $55.
The news is directly about Cisco Systems. Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the slight increase in the price target could suggest a slightly positive outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100