Wells Fargo Maintains Equal-Weight on Cisco Systems, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers maintains an Equal-Weight rating on Cisco Systems (NASDAQ:CSCO) and raises the price target from $52 to $57.
May 16, 2024 | 2:31 pm
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Wells Fargo analyst Aaron Rakers maintains an Equal-Weight rating on Cisco Systems and raises the price target from $52 to $57.
The raised price target from $52 to $57 by a reputable analyst at Wells Fargo is a positive signal for investors, indicating potential upside. However, the Equal-Weight rating suggests a balanced view, implying that the stock is expected to perform in line with the market.
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IMPORTANCE 80
RELEVANCE 100