Tag: Cisco
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Cisco Shares Are Too Cheap. Why Morgan Stanley Is a Buyer Ahead of Earnings.
Cisco Systems stock got a boost Monday from Morgan Stanley analyst Meta Marshall, who resumed coverage of the networking hardware giant with an Overweight rating and $58 price target, asserting that the stock is trading at a near-record discount to the S&P 500. Cisco shares are down 3% this year, and 4% over the last ...