Deutsche Bank Maintains Hold on Cisco Systems, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Matthew Niknam has maintained a 'Hold' rating on Cisco Systems (NASDAQ:CSCO) and raised the price target from $54 to $58.
August 21, 2023 | 3:21 pm
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Deutsche Bank has maintained a 'Hold' rating on Cisco Systems and raised the price target from $54 to $58.
The news is directly about Cisco Systems. Deutsche Bank's decision to maintain a 'Hold' rating indicates a neutral outlook, while the raised price target suggests a potential upside. However, as the rating remains 'Hold', the immediate impact on the stock price may be limited.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100