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Cisco Systems Stock Falls After Sell-Off and Collaboration Announcement

Guavy AI Editorial Team
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CSCO
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Cisco Systems Inc., a major technology player, saw its stock close lower on the Nasdaq after a previous session's sell-off and a new collaboration announcement.

The company's shares finished at USD 106.13 on September 23, 2026, down 0.29 percent from the prior close.

This comes after Piper Sandler lowered its price target for Cisco to USD 125 from USD 132 while maintaining a Neutral rating, as reported by Yahoo Finance.

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