B of A Securities Maintains Neutral on Cisco Systems, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Tal Liani maintains a Neutral rating on Cisco Systems (NASDAQ:CSCO) and raises the price target from $56 to $60.
September 13, 2023 | 3:33 pm
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NEUTRAL IMPACT
B of A Securities maintains a Neutral rating on Cisco Systems and raises the price target from $56 to $60.
The news is directly about Cisco Systems. The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at its current price. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100