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Do Analysts Expect Cisco Systems Inc (CSCO) Stock to Rise After It Is Down -0.23% in a Month?

Friday, June 24, 2022 10:47 AM | InvestorsObserver Analysts

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Do Analysts Expect Cisco Systems Inc (CSCO) Stock to Rise After It Is Down -0.23% in a Month?

InvestorsObserver is giving Cisco Systems Inc (CSCO) an Analyst Rating Rank of 28, meaning CSCO is ranked higher by analysts than 28% of stocks. The average price target for CSCO is $53.5 and analyst’s rate the stock as a Buy.

Overall Score - 3.9
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?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Cisco Systems Inc Stock Today?

Cisco Systems Inc (CSCO) stock is trading at $43.90 as of 10:41 AM on Friday, Jun 24, a rise of $0.97, or 2.25% from the previous closing price of $42.93. The stock has traded between $43.24 and $44.16 so far today. Volume today is light. So far 3,177,793 shares have traded compared to average volume of 29,049,118 shares. Click Here to get the full Stock Report for Cisco Systems Inc stock.

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