Piper Sandler Reiterates Neutral Rating on Cisco (CSCO)

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 6/22/2026

1. INTC
2. SPCX
3. DSX
4. GNK
5. III
6. SAN
7. TTEC
8. SNY
9. DAL
10. AWK

Go back to Piper Sandler Reiterates Neutral Rating on Cisco (CSCO)

Cisco Systems (CSCO) lifted to Buy at HSBC and New Street Research

August 16, 2024 8:37 AM EDT

Cisco Systems (NASDAQ: CSCO) received upgrades from both HSBC and New Street Research in notes on Friday, with analysts citing improving order flows, normalized inventories, and a strategic focus on high-growth areas as key reasons for their positive outlook.

HSBC upgraded Cisco to a Buy rating, raising its target price to $58 from $46.

The bank praised Cisco's "politically... More

HSBC Upgrades Cisco (CSCO) to Buy, 'Expect sharp growth'

August 16, 2024 6:40 AM EDT

HSBC analyst Stephen Bersey upgraded Cisco (NASDAQ: CSCO) from Hold to Buy with a price target of $58.00 (from $46.00).

The analyst comments "Expect sharp growth: We expect Ciscos non-GAAP EPS to rise at a CAGR of 11.6% over CY24-27e. For FY25e, we expect non-GAAP EPS of USD3.86, ahead of company guidance of USD3.55 and consensus of... More

BofA Securities Reiterates Buy Rating on Cisco (CSCO)

August 15, 2024 9:38 AM EDT

BofA Securities analyst Tal Liani reiterated a Buy rating and $60.00 price target on Cisco (NASDAQ: CSCO).

The analyst comments "4Q24 revenue growth of -10.3% YoY was better than Street's -11%, supported by better-than-expected product revenue growth. Order trends improved, with total... More