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).
June 10, 2024 | 10:28 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 the stock is fairly valued at its current price. This typically suggests that there is no strong catalyst for significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100