Vetr Crowd Downgrades Cisco
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.
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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
Date | Firm | Action | From | To |
---|---|---|---|---|
Nov 2020 | Credit Suisse | Maintains | Neutral | |
Oct 2020 | Credit Suisse | Maintains | Neutral | |
Oct 2020 | Citigroup | Downgrades | Buy | Neutral |
View More Analyst Ratings for CSCO
View the Latest Analyst Ratings
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