Wednesday, March 12, 2014 11:39:33 AM
CSCO Intraday
21.78
3-12-14
upgraded to 26
CSCO received another positive brokerage note today, when Goldman Sachs upped its price target to $26 from $25. Though the equity is seemingly undeserving of bullish sentiment -- sporting a one-month loss of nearly 5% to trade at $21.61 -- the recent surge of optimism among analysts is just more of the same. In fact, the average 12-month price target for Cisco Systems, Inc. comes in at $23.74, representing expected upside to the shares' current price. Furthermore, 18 of the 25 covering brokerage firms maintain "buy" or better endorsements on the stock.
21.78
3-12-14
upgraded to 26
CSCO received another positive brokerage note today, when Goldman Sachs upped its price target to $26 from $25. Though the equity is seemingly undeserving of bullish sentiment -- sporting a one-month loss of nearly 5% to trade at $21.61 -- the recent surge of optimism among analysts is just more of the same. In fact, the average 12-month price target for Cisco Systems, Inc. comes in at $23.74, representing expected upside to the shares' current price. Furthermore, 18 of the 25 covering brokerage firms maintain "buy" or better endorsements on the stock.
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