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Cisco Upgraded to “Overweight” at Barclays; Analyst Sees 27% Upside

CSCO  

Linked by The Dividend Daily ( track newsfeed | ignore newsfeed ) - May 16, 09:03AM from (www.dividend.com)

Networking equipment maker Cisco Systems, Inc. (CSCO) on Wednesday caught a big upgrade from analysts at Barclays Capital. The firm said it boosted its rating on CSCO from "Equalweight" to "Overweight" with a $21.00 price target, suggesting a 27% upside to the stock's Tuesday closing price of $16.54. Barclays noted the stock offers "material appreciation ...

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