Jefferies maintains Cisco at 'buy' with a price target of $59.50

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Jefferies maintains Cisco at 'buy' with a price target of $59.50

An analyst from Jefferies maintained Cisco (NASDAQ: CSCO ) at 'buy' with a price target of $59.50 from a prior price target of %currency%%price%.

Prior to this rating, Cisco had 12 buy ratings, 16 hold ratings, and 1 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 $52.96. They are up 1.01% in the last month and up 7.27% in the last 12 months.

According to Investing Pro, Cisco's fair value is $67.03, an upside of 26.57%. 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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