HSBC downgrades Cisco, says further gains will be harder to come by
HSBC lowered Cisco's price target to $69, citing strong 2025 gains of over 17% and a limited upside, with most analysts maintaining a hold rating, according to LSEG.
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Why Cisco Systems Stock Slumped Today @themotleyfool #stocks $CSCO $^GSPC $HSBC
Key PointsThe networking equipment company is hit with a post-earnings analyst recommendation downgrade.A onetime bull now feels the stock rates only a hold for investors.10 stocks we like better than Cisco Systems › A recommendation downgrade from a global bank was the development pushing down Cisco Systems (NASDAQ: CSCO) stock on Friday. The company's shares absorbed the blow by sinking nearly 5% in price, comparing unfavorably to the relative…
·Alexandria, United States
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Total News Sources2
Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
50% Center
L 50%
C 50%
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