Cisco Systems Inc. (NASDAQ:CSCO) is considered one of the best data center stocks to buy now, with BofA analyst raising the price target to $85 from $76. The company’s Q4 results and FY 2026 guidance were slightly better than expected. However, HSBC downgraded Cisco to Hold from Buy, with a $69 price target, citing concerns about revenue outlook and slowing growth. Cisco designs, manufactures, and sells networking hardware, software, and other high-tech products. While CSCO is a solid investment, some AI stocks may offer greater upside potential. Check out the best short-term AI stock for potential opportunities.
Read more at Yahoo Finance: BofA Stays Constructive on Cisco (CSCO) with Price Target Raised to $85
