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Cisco Systems, Inc. (NASDAQ:CSCO) Given Average Rating of "Moderate Buy" by Brokerages
Twenty-five brokerages have given Cisco Systems, Inc. (NASDAQ:CSCO) an average rating of “Moderate Buy,” with a mean 12-month price target of $90.29. The company recently beat earnings estimates, reporting $1.04 EPS on revenue of $15.35 billion, and increased its quarterly dividend to $0.42. Institutional investors hold 73.33% of the stock, while insiders have recently sold shares worth $3.57 million.