3 Catalysts To Drive Growth At Cisco: $28B Splunk Deal Offers ‘Great Synergies,’ Analyst Says
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Cisco Systems Inc (NASDAQ: CSCO) is among the many beneficiaries of the artificial intelligence (AI) trend.
The stock has underperformed the market over the last 12 months mainly due to weakness in Networking. However, the current estimates are “adequately low” and growth could accelerate from 2025 onwards, according to BofA Securities.
The Cisco Systems Analyst: Tal Liani upgraded the rating for Cisco Systems from Neutral to Buy, while raising the price target from $55 to $60.
The Cisco Systems Thesis: The company’s Networking weakness is …
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