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A statement released earlier today by Vetr Inc. about Cisco Systems, Inc. (NASDAQ:CSCO) bumps the target price to $32.45

Yesterday Cisco Systems, Inc. (NASDAQ:CSCO) traded 1.52% higher at $30.72. The company’s 50-day moving average is $31.54 and its 200-day moving average is $32.53. The last stock close price is down -3.25% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 20,756,566 shares of the stock were exchanged, down from an average trading volume of 21,578,700

Vetr Inc. raised the target price of Cisco Systems, Inc. (NASDAQ:CSCO) to $32.45 indicating a possible upside of 0.06%.

Performance Chart

Cisco Systems, Inc. (NASDAQ:CSCO)

With a total market value of $0, Cisco Systems, Inc. has price-earnings ratio of 15.97 with a one year low of $29.12 and a one year high of $34.60 .

A total of 27 analysts have released a report on Cisco Systems, Inc.. Nine analysts rating the company a strong buy, fourteen analysts rating the company a buy, fourteen analysts rating the company a hold, one analyst rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $29.41.

More About Cisco Systems, Inc. (NASDAQ:CSCO)

Cisco Systems, Inc. designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. The Company operates through three geographic segments: Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific, Japan and China (APJC). The Company groups its products and technologies into various categories, such as Switching; Next-Generation Network (NGN) Routing; Collaboration; Data Center; Wireless; Service Provider Video; Security, and Other Products. In addition to its product offerings, the Company provides a range of service offerings, including technical support services and advanced services. The Company delivers its technology and services to its customers as solutions for their priorities, including cloud, video, mobility, security, collaboration and analytics. The Company serves customers, including businesses of all sizes, public institutions, governments and service providers.

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