Jefferies Maintains Buy on Cisco Systems, Raises Price Target to $59.5
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst George Notter maintains a 'Buy' rating on Cisco Systems (NASDAQ:CSCO) and raises the price target from $54 to $59.5.
August 17, 2023 | 3:45 pm
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Jefferies analyst George Notter maintains a 'Buy' rating on Cisco Systems and raises the price target from $54 to $59.5.
The raised price target by Jefferies indicates a positive outlook for Cisco Systems. This could potentially lead to an increase in the stock price in the short term as it signals confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100