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Cisco Systems Stock Price Target Lifted by Morgan Stanley to $135.00

Guavy AI Editorial Team
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CSCO
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Cisco Systems (NASDAQ:CSCO) stock has seen its price target lifted by Morgan Stanley from $130.00 to $135.00 in a report released on Thursday.

The brokerage currently has an 'overweight' rating on the network equipment provider's stock, indicating a potential upside of 8.98% from the company's current price of $123.88.

This is not the only recent boost to Cisco Systems' stock price target; Citigroup also lifted its target price on the company from $90.00 to $112.00 and gave it a 'buy' rating in a research report on May 14th.

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