Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Cisco (CSCO) today. The company’s shares opened today at $45.82.
According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 15.3% and a 61.1% success rate. Feinseth covers the Services sector, focusing on stocks such as Southwest Airlines, Royal Caribbean, and Starbucks Corp.
Cisco has an analyst consensus of Strong Buy, with a price target consensus of $52.80, representing a 15.2% upside. In a report issued on November 29, Robert W. Baird also initiated coverage with a Buy rating on the stock with a $53 price target.
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The company has a one-year high of $49.47 and a one-year low of $37.35. Currently, Cisco has an average volume of 24.11M.
Based on the recent corporate insider activity of 66 insiders, corporate insider sentiment is negative on the stock.
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