In a report released yesterday, Alex Kurtz from KeyBanc maintained a Buy rating on Cisco (CSCO), with a price target of $58. The company’s shares opened today at $52.70, close to its 52-week high of $54.23.
Kurtz has an average return of 18.8% when recommending Cisco.
According to TipRanks.com, Kurtz is ranked #245 out of 5246 analysts.
Cisco has an analyst consensus of Moderate Buy, with a price target consensus of $54.82.
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The company has a one-year high of $54.23 and a one-year low of $40.19. Currently, Cisco has an average volume of 21.75M.
Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
