New Street Downgrades Cisco Systems (CSCO) to Neutral, Cuts PT
From Yahoo Finance: 2025-05-21 13:17:00
New Street analyst downgrades Cisco Systems, Inc. (CSCO) rating to Neutral, citing a hit on gross margin and tariff impacts. Meanwhile, Wells Fargo analyst upgrades CSCO to Overweight, pointing to strong AI performance, with over $1 billion in AI orders for FY2025. Cisco expects strong revenue growth with AI momentum.
Cisco Systems, Inc. (CSCO) is benefiting from a surge in data center investments and AI demand. The company is supporting the UAE Stargate AI data center project and expects higher revenue projections for FY2025. Analyst sees strong AI momentum as a positive trend for CSCO’s growth.
Cisco Systems, Inc. (CSCO) offers industry-leading AI-powered solutions and services to enhance productivity and digital resilience. While CSCO shows growth potential, some AI stocks might offer higher returns with less downside risk. Check out our report for a promising AI stock with significant upside potential.
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