Cisco Systems, Inc. (NASDAQ: CSCO) was downgraded by Piper Sandler analyst James Fish, with a lowered price target of $64. Despite concerns about peak growth, Cisco’s AI narrative remains strong, with expected revenue growth from AI orders and infrastructure spending. While CSCO shows promise, some AI stocks may offer greater potential.

Read more at Yahoo Finance: Cisco (CSCO) Price Target Lowered to $64 Despite Strong AI Narrative