JPMorgan analysts lift rating of Cisco Systems

JP Morgan Upgrades Cisco Systems (CSCO)
Fintel reports that on November 11, 2024, JP Morgan upgraded their outlook for Cisco Systems (NasdaqGS:CSCO) from Neutral to Overweight. Analyst Price Forecast Suggests 1.15% Downside As of October 22,
A Glimpse Into The Expert Outlook On Cisco Systems Through 11 Analysts
Analysts have recently evaluated Cisco Systems and provided 12-month price targets. The average target is $58.73, accompanied by a high estimate of $78.00 and a low estimate of $49.00. This upward trend is evident, with the current average reflecting a 6.78% increase from the previous average price target of $55.00.
JPMorgan analysts lift rating of Cisco Systems ahead of earnings
Analysts at JPMorgan Chase (NYSE:JPM) have upgraded their rating of Cisco Systems (NASDAQ:CSCO) to "Overweight" from "Neutral," arguing the stock has headroom to rise further after rising by over 28% since reporting its fourth-quarter results in August.
Analyst Upgrades Cisco Systems Stock
Coming into today, Cisco systems stock was up 14.9% since the start of 2024, with 27.7% added over the last three months. After the $57 level moved in as a layer of support, the security hit its highest level since January 2022,
Cisco Stock Upgraded Ahead Of Fiscal Q1 Earnings Report
JPMorgan upgraded Cisco stock to overweight on views the enterprise networking market will rebound. Fiscal Q1 earnings are due Wednesday.
Positive Outlook for Cisco Systems: Buy Rating Backed by Market Recovery and Strategic Investments
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Cisco upgraded to Overweight from Neutral at JPMorgan
JPMorgan upgraded Cisco (CSCO) to Overweight from Neutral with a $66 price target Published first on TheFly – the ultimate source for ...