JPMorgan upgrades Cisco to 'overweight' with a price target of $62.00

  • Investing.com
JPMorgan upgrades Cisco to 'overweight' with a price target of $62.00

An analyst from JPMorgan upgraded Cisco (NASDAQ: CSCO ) from 'neutral' to 'overweight' with a price target of $62.00 from a prior price target of %currency%%price%.

Prior to this rating, Cisco had 8 buy ratings, 17 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 $51.24. They are down -0.6% in the last month and up 16.11% in the last 12 months.

According to Investing Pro, Cisco's fair value is $64.60, an upside of 26.08%. 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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