Bank of America Reiterates Buy and PT of $22 on Cisco Systems

by Benzinga Staff
August 11, 2011 6:47 AM | 17 seconds read | Make a Comment

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Bank of America reiterated its Buy rating on Cisco Systems (NASDAQ: CSCO). At the same time, the rating agency left its price target on the company's stock unchanged at $22. On Wednesday, CSCO lost 2.31% of its value to end the day at $13.73. Its shares rebounded strongly in today's pre-market trading, rising 10.49% to stand around $15.17.

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Posted In: ReiterationAnalyst RatingsBank of AmericaCommunications EquipmentInformation Technology

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