Exane BNP Paribas initiates coverage of Cisco at 'underperform' with a price target of $45.00

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Exane BNP Paribas initiates coverage of Cisco at 'underperform' with a price target of $45.00

An analyst from Exane BNP Paribas initiated coverage of Cisco (NASDAQ: CSCO ) at 'underperform' with a price target of $45.00.

Prior to this rating, Cisco had 11 buy ratings, 16 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 $52.43. They are up 3.11% in the last month and up 17.61% in the last 12 months.

According to Investing Pro, Cisco's fair value is $64.61, an upside of 23.23%. 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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