Analysts Raise Price Targets for Cisco, Home Depot, and Palo Alto Networks

Cisco Systems, Inc., a multinational technology conglomerate, has seen its price target raised to $150 by J.P. Morgan analyst Joseph Cardoso.

This adjustment follows an upgrade in rating from buy to buy with no change in the analyst's opinion of the stock.

In addition to Cisco, Home Depot, Inc., a home improvement retailer, has had its price target raised to $340 by Stifel analyst W. Andrew Carter, who maintains a hold rating on the company.

Palo Alto Networks, Inc., an American cybersecurity multinational, also received a boost in price target to $400 from TD Cowen analyst Shaul Eyal, with no change in his buy rating.