Needham Reiterates Hold on Cisco Systems
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Alex Henderson has reiterated a Hold rating on Cisco Systems (NASDAQ:CSCO).
May 16, 2024 | 11:12 am
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Needham analyst Alex Henderson has reiterated a Hold rating on Cisco Systems. This suggests that the analyst does not see significant upside or downside potential in the short term.
The Hold rating indicates that the analyst believes Cisco Systems' stock is fairly valued at its current price. This suggests limited short-term price movement, either up or down.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100