New Street Downgrades Cisco Systems (CSCO) to Neutral, Cuts PT

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New Street Downgrades Cisco Systems (CSCO) to Neutral, Cuts PT

finance.yahoo.com/news/street-downgrades-cisco-systems-csco-171745067.html

In This Article:
On May 16, New Street analyst Pierre Ferragu downgraded the rating on Cisco Systems, Inc. (NASDAQ:CSCO) from Buy to Neutral, lowering the price target from $75 to $70.
Ferragu mentioned that Cisco's gross margin has taken a hit, with a slight decline in the April 2025…

This story appeared on finance.yahoo.com, 2025-05-21 17:17:45.