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Analyst Rating: Will Cisco Systems Inc (CSCO) Stock Beat the Market?

Thursday, August 11, 2022 03:55 PM | InvestorsObserver Analysts
Analyst Rating: Will Cisco Systems Inc (CSCO) Stock Beat the Market?

InvestorsObserver is giving Cisco Systems Inc (CSCO) an Analyst Rating Rank of 23, meaning CSCO is ranked higher by analysts than 23% of stocks. The average price target for CSCO is $52.529 and analyst’s rate the stock as a Buy.

Overall Score - 3.7
Wall Street analysts are rating CSCO a Buy today. Find out what this means to you and get the rest of the rankings on CSCO!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Cisco Systems Inc Stock Today?

Cisco Systems Inc (CSCO) stock is trading at $45.83 as of 3:47 PM on Thursday, Aug 11, a decline of -$0.19, or -0.41% from the previous closing price of $46.02. Volume today is less active than usual. So far 9,794,509 shares have traded compared to average volume of 17,913,941 shares. The stock has traded between $45.77 and $46.43 so far today. Click Here to get the full Stock Report for Cisco Systems Inc stock.

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