Cisco Systems (NASDAQ:CSCO) shares rose by 1.3% during trading on Friday, reaching an intraday high of $112.19 and closing at $111.04.
The company's market capitalization stands at $437.66 billion, with a price-to-earnings ratio of 33.25 and a beta of 1.02.
Analysts have been upbeat about Cisco, with Piper Sandler increasing its target price to $132.00 and Wells Fargo & Company setting a target of $150.00.
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