Market Overview

Vetr Crowd Downgrades Cisco

Share:

The Vetr community on Thursday downgraded Cisco Systems, Inc. (NASDAQ: CSCO) from 4.5 stars (Buy) to 4 stars (Strong Buy). Following the downgrade, crowd sentiment on the stock was mixed, with 46.2 percent of users giving the stock a Buy rating, 46.2 percent a Sell and 7.6 percent a Hold.

See how crowdsourced ratings could help you time the market

At time of publication, Cisco shares were down 3.2 percent at $40.49. The Vetr crowd is heavily bullish on the stock in the long run, with an aggregated price target of $46.32 implying 10.8 percent projected upside.

Analyst outlook was bullish as well. Among analysts, the 12-month consensus price target on the stock is at $50, implying a strong upside.

Latest Ratings for CSCO

DateFirmActionFromTo
Nov 2020Credit SuisseMaintainsNeutral
Oct 2020Credit SuisseMaintainsNeutral
Oct 2020CitigroupDowngradesBuyNeutral

View More Analyst Ratings for CSCO
View the Latest Analyst Ratings

 

Related Articles (CSCO)

View Comments and Join the Discussion!

Posted-In: VetrDowngrades Analyst Ratings

Latest Ratings

StockFirmActionPT
MRTXHC Wainwright & Co.Maintains257.0
NVDATruist SecuritiesMaintains672.0
NVDASusquehannaMaintains625.0
BLKBMO CapitalMaintains715.0
BLKDeutsche BankMaintains838.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com