Amit Daryanani analyst at Evercore ISI reiterates coverage on Cisco Systems (CSCO) in the Technology sector with a Buy rating. TipRanks.com has Daryanani rated as a 3.2 star analyst with a 40% return on investment and a 2.1% success rate. Daryanani has set a price target of $50.
TipRanks.com reports that Cisco Systems currently has 20 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $52.17. The target pricing ranges from a high forecast of $71.00 down to a low forecast of $40.00. Cisco Systems (CSCO)’s last closing price was $43.42 which would put the average price target at 20.15% upside.
In addition, TradingView issued a Sell rating for CSCO over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on CSCO.
Other analysts covering CSCO include:
- Rod Hall of Goldman Sachs issued a Hold rating with the price target of $ 46 on 3 weeks ago
- Unknown Analyst of CFRA issued a Buy rating with the price target of $ 60 on 3 weeks ago
- Unknown Analyst of KGI Securities issued a Buy rating with the price target of $ 56 on 3 weeks ago
- Sami Badri of Credit Suisse issued a Buy rating with the price target of $ 60 on 3 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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