Barclays Maintains Equal-Weight on Cisco Systems, Lowers Price Target to $49
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Tim Long maintains an Equal-Weight rating on Cisco Systems (NASDAQ:CSCO) but lowers the price target from $50 to $49.
August 15, 2024 | 2:01 pm
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Barclays analyst Tim Long maintains an Equal-Weight rating on Cisco Systems but lowers the price target from $50 to $49.
The lowered price target from $50 to $49 by Barclays suggests a slightly less optimistic outlook for Cisco Systems, which could lead to a minor negative impact on the stock price in the short term.
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