Check Out What Whales Are Doing With CSCO
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Cisco Systems (NASDAQ:CSCO), with 80% of the investors opening trades with bullish expectations and 20% with bearish. The whale has been targeting a price range from $55.0 to $62.5 for Cisco Systems over the last 3 months. The price of CSCO is up 1.13% at $57.45. Analysts from Morgan Stanley, UBS, Raymond James, Rosenblatt, and Citigroup have maintained their ratings on Cisco Systems.
August 31, 2023 | 4:03 pm
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A whale investor has taken a bullish stance on Cisco Systems, with the majority of investors also showing bullish expectations. The stock price is currently up, and analysts have maintained their ratings.
The bullish stance taken by a whale investor, along with the majority of other investors, indicates a positive sentiment towards Cisco Systems. This, combined with the current increase in stock price and maintained ratings from analysts, suggests a potential short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100