Piper Sandler Cuts Cisco Price Target, Stock Falls 3.85 Percent
Cisco Systems stock fell by 3.85 percent to USD 107.17 on September 22, 2026, after analyst Piper Sandler lowered its price target for Cisco Systems to USD 125 from USD 132.
The decline in Cisco's stock was in contrast to the technology equipment sector as a whole, which rose 0.52 percent during the session.
Cisco Systems closed at USD 107.17 on the Nasdaq, down from its previous close of USD 111.46 on September 21, 2026.