Aug. 14 at 6:10 PM
$CSCO Analyst Upgrades, Downgrades, and Target Revisions
While a product margin step-down and a decision to stop providing annual AI order targets sparked a ~9% stock sell-off, several analysts view the dip as a prime buying opportunity tied to an artificial intelligence "networking supercycle":
Bernstein: Issued a formal stock upgrade.Rosenblatt: Raised its price target significantly to
$165.00, implying roughly 45% upside.
Truist: Lifted its price target to
$140.00, citing strong fiscal 2027 guidance.
Bank of America Securities: Analyst Tal Liani reiterated a Buy rating with a
$150.00 price target.Keybanc: Maintained an Overweight rating and nudged its price target up to
$135.
HSBC: Issued a stock downgrade, to 120, driven by near-term margin pressures after the print.
Average Consensus Target:
$129.43 (representing roughly a 16.2% upside potential from the current trading price of ~
$111.65
