Cisco Systems Inc. Stock Price Sees Uptick
Cisco Systems Inc. has experienced a positive trend in its stock price, with analysts revising their ratings and increasing target prices.
- Deutsche Bank has upgraded Cisco’s rating to “buy” with a target price of $73, up from its previous target of $65.
- This move has contributed to the company’s stock price increase, with the Dow Jones also experiencing a rise.
Company Developments
Cisco’s focus on sustainability and innovation has been highlighted, with an employee’s efforts to drive sustainability innovation at Cisco featured in a blog post.
Market Outlook
The company’s stock price is expected to continue its upward trend, driven by analyst optimism and a positive market outlook.
Key Statistics
- Analyst rating: Deutsche Bank upgraded to “buy”
- Target price: $73
- Previous target price: $65