Deutsche Bank Maintains Hold on Cisco Systems, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Matthew Niknam maintains a Hold rating on Cisco Systems (NASDAQ:CSCO) and raises the price target from $52 to $53.
August 15, 2024 | 3:49 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Deutsche Bank analyst Matthew Niknam maintains a Hold rating on Cisco Systems and raises the price target from $52 to $53.
The raised price target from $52 to $53 by Deutsche Bank indicates a slightly more positive outlook on Cisco Systems. However, the Hold rating suggests that the stock is expected to perform in line with the market. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100