Piper Sandler maintains Cisco at 'neutral' with a price target of $51.00

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Piper Sandler maintains Cisco at 'neutral' with a price target of $51.00
Credit: © Reuters.

An analyst from Piper Sandler maintained Cisco (NASDAQ: CSCO ) at 'neutral' with a price target of $51.00 from a prior price target of %currency%%price%.

Prior to this rating, Cisco had 12 buy ratings, 15 hold ratings, and 0 sell ratings.

For consensus analyst estimates and price targets on Cisco, click here. For more news on Cisco, click here.

Cisco's stock price closed at $47.63. They are down -0.85% in the last month and up 14.17% in the last 12 months.

According to Investing Pro, Cisco's fair value is $59.69, an upside of 25.31%. Cisco's fair value comes with a low degree of uncertainty, according to InvestingPro.

Check out Cisco's recent earnings performance and financials here.

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