Bernstein Initiates Cisco With Market Perform Rating

Cisco Systems Inc., the US-based multinational technology conglomerate, has been initiated by Bernstein analysts with a 'Market Perform' rating. This decision is based on the firm's performance and growth prospects.

The TipRanks Smart Score takes into account various factors to determine the overall performance of a strategy. According to the source, backtested results show that XYZ firm would have been able to purchase securities recommended by the model with sufficient liquidity in the markets.