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BWG Global Downgrades Cisco Systems (CSCO), Cites Checks

2026-04-30 23:28:36

Abstract generation in progress

BWG Global downgraded Cisco Systems (CSCO) to Mixed from Positive on April 23, citing recent checks. This downgrade occurred on the same day Cisco announced its Universal Quantum Switch, a significant development in quantum networking. Despite the downgrade, JPMorgan increased its price target for CSCO to $96 from $95, maintaining an Overweight rating.

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