Erik Suppiger analyst at JMP Securities reiterates coverage on Cisco Systems (CSCO) in the Technology sector with a Hold rating. TipRanks.com has Suppiger rated as a 4.8 star analyst with a 57% return on investment and a 21.3% success rate. Suppiger has set a price target of n/a.
TipRanks.com reports that Cisco Systems currently has 16 analysts offering 12-month price targets and the consensus is a Moderate Buy rating with an average price target is $63.23. The target pricing ranges from a high forecast of $71.00 down to a low forecast of $45.00. Cisco Systems (CSCO)’s last closing price was $$49.92 which would put the average price target at 26.66% upside.
In addition, TradingView issued a Sell rating for CSCO over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bullish short-term outlook. Remember, securities are volatile, so please do your own research on CSCO.
Other analysts covering CSCO include:
- Unknown Analyst of CFRA issued a Buy rating with the price target of $ 65 on 6 days ago
- Samik Chatterjee of J.P. Morgan issued a Buy rating with the price target of $ 67 on 2 weeks ago
- Jim Suva of Citigroup issued a Sell rating with the price target of $ 45 on 3 weeks ago
- Meta Marshall of Morgan Stanley issued a Hold rating with the price target of $ 59 on 3 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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