Cisco Earnings On Deck As AI, Cybersecurity Drive Growth Potential

Quick Summary:

According to JPMorgan, despite the post-earnings pop following the Q4 report, Cisco still has room to rise, driven by expanding AI-native infrastructure and ...

On Monday, the investment firm upgraded Cisco to Overweight and boosted its price target from $55 to $66, emphasizing robust demand in enterprise networking.

Cisco Systems Inc.(NASDAQ:CSCO) has been making waves with a rally of 16.23% year-to-date and a notable 8.18% rise in the past month.

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Author / Journalist: Surbhi Jain

Category: Technology

Markets: United States

Topics: Expert Ideas AI Top Stories US17275R1023 Analyst Color Artificial intelligence Previews News CSCO Pro Project Stories That Matter Benzinga Tech

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-13 @ 13:54:04 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 394 words

Reading Time: 3 minutes read

Sentences: 22 lines

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Copyright Owner: © Benzinga

News ID: 23571648

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