HSBC Upgrades Cisco Systems to Buy, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Stephen Bersey has upgraded Cisco Systems (NASDAQ:CSCO) from Hold to Buy and raised the price target from $46 to $58.
August 16, 2024 | 11:58 am
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POSITIVE IMPACT
HSBC analyst Stephen Bersey has upgraded Cisco Systems from Hold to Buy and raised the price target from $46 to $58.
An upgrade from Hold to Buy and a significant increase in the price target from a reputable analyst at HSBC is likely to positively impact Cisco's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100