Wells Fargo Upgrades Cisco Stock to Overweight with Increased Price Target

Reported about 16 hours ago

Wells Fargo has upgraded Cisco Systems, Inc. (CSCO) stock from equal weight to overweight, raising the price target from $72 to $75, driven by accelerating AI momentum and the company's ability to exceed its $1 billion cumulative order target for the fiscal year. As Cisco explores new AI opportunities, it ranks 7th among trending AI stocks on Wall Street.

Source: YAHOO

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