JPMorgan Chase & Co. Issues Positive Forecast for Cisco Systems (NASDAQ:CSCO) Stock Price

JPMorgan Chase & Co. Issues Positive Forecast for Cisco Systems (NASDAQ:CSCO) Stock Price

Cisco Systems (NASDAQ:CSCO – Free Report) had its price target increased by JPMorgan Chase & Co. from $90.00 to $95.00 in a research report sent to investors on Monday morning,MarketScreener reports. They currently have an overweight rating on the network equipment provider’s stock. Several other analysts have also recently weighed in on CSCO. Argus boosted their price objective on Cisco Systems from $80.00 to $100.00 in a report on Thursday, No…

Cisco stock hits new high ahead of Feb. 11 earnings as JPMorgan lifts target; options imply 6% swing

Cisco shares closed at a record $86.78, up 2.3% Monday, ahead of its Feb. 11 earnings report. JPMorgan raised its price target to $95, citing AI potential but warning on valuation. Options pricing implies a 6% post-earnings move, nearly double the recent average. Volume was 22.9 million shares, below the 50-day average. The post Cisco stock hits new high ahead of Feb. 11 earnings as JPMorgan lifts target; options imply 6% swing appeared first on…