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Cisco Systems’ shares fell more than 2% on Friday after HSBC downgraded the networking equipment maker from “buy” to “hold”, ...
Shares of Cisco Systems' (NASDAQ:CSCO) fell about 2% on Friday after HSBC downgraded its rating to Hold from from Buy, citing valuation and business momentum. The firm also cut its price target on ...
HSBC on Friday downgraded Cisco Systems Inc (NASDAQ:CSCO) to Hold from Buy on elevated valuation and slowing business momentum, and cut its price target to $69 from $73.
Reduced to hold Well before market open that day, HSBC prognosticator Stephen Bersey lowered his recommendation on Cisco to hold from his previous buy. His price target on the shares is $69 apiece.
Stocks Analysis by Zacks Investment Research covering: S&P 500, Cisco Systems Inc, Elevance Health Inc, Roper Technologies Inc. Read Zacks Investment Research's latest article on Investing.com ...
Cisco's (CSCO) stock dipped about 2% on Friday after HSBC downgraded its rating to Hold from from Buy, citing valuation and business momentum.
Cisco’s fourth-quarter fiscal 2025 results and fiscal 2026 guidance were in line with consensus but came in below HSBC’s estimates. Revenue rose 7.6% year-on-year to $14.67 billion, matching both HSBC ...