Cisco Systems, Inc. (NASDAQ:CSCO) gets downgraded to Equal Weight by Morgan Stanley

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Analyst Ratings For Cisco Systems, Inc. (NASDAQ:CSCO)

Today, Cisco Systems, Inc. (NASDAQ:CSCO) stock was downgraded by Morgan Stanley from Overweight to Equal Weight.

There are 21 Buy Ratings, 7 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Cisco Systems, Inc. (NASDAQ:CSCO) is Buy with a consensus target price of $51.08 per share, a potential 7.36% upside.

Some recent analyst ratings include

  • 2/12/2019-Cisco Systems, Inc. (NASDAQ:CSCO) gets downgraded to Equal Weight by Morgan Stanley
  • 2/12/2019-Cisco Systems, Inc. (NASDAQ:CSCO) had its Buy rating reiterated by Robert W. Baird with a $53.00 price target
  • 1/15/2019-Cisco Systems, Inc. (NASDAQ:CSCO) had its Buy rating reiterated by Argus with a $55.00 price target
  • 12/14/2018-Cisco Systems, Inc. (NASDAQ:CSCO) gets downgraded to Neutral by Nomura with a price target of $50.00
  • 12/11/2018-Cisco Systems, Inc. (NASDAQ:CSCO) has coverage initiated with a Outperform rating
  • On 12/19/2018 M Michele Burns, Director, sold 4,744 with an average share price of $44.06 per share and the total transaction amounting to $209,020.64.
  • On 12/12/2018 Steven M West, Director, sold 25,000 with an average share price of $47.98 per share and the total transaction amounting to $1,199,500.00.
  • On 12/3/2018 Irving Tan, SVP, sold 28,000 with an average share price of $48.43 per share and the total transaction amounting to $1,356,040.00.
  • On 11/29/2018 Kelly A Kramer, CFO, sold 70,000 with an average share price of $47.44 per share and the total transaction amounting to $3,320,800.00.
  • On 11/23/2018 Mark D. Chandler, EVP, sold 4,373 with an average share price of $44.89 per share and the total transaction amounting to $196,303.97.
  • On 11/23/2018 Prat Bhatt, SVP, sold 33,950 with an average share price of $44.86 per share and the total transaction amounting to $1,522,997.00.
  • On 9/20/2018 David Goeckeler, EVP, sold 63,050 with an average share price of $47.57 per share and the total transaction amounting to $2,999,288.50.

About Cisco Systems, Inc. (NASDAQ:CSCO)
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry worldwide. The company offers switching products; routing products that interconnect public and private wireline and mobile networks; data center products; and wireless access points for use in voice, video, and data applications. It also provides collaboration products comprising unified communications, TelePresence, and conferencing, as well as the Internet of Things and analytics software. In addition, the company offers security products, including network and data center security, advanced threat protection, Web and email security, access and policy, unified threat management, advisory, integration, and managed services; and other products, such as service provider video software and solutions, and cloud and system management products. Further, it offers technical support services and advanced services; and hyperconvergence software, cloud calling and contact center solutions, and AI-driven relationship intelligence platform. The company serves businesses of various sizes, public institutions, governments, and service providers. It sells its products directly, as well as through channel partners, such as systems integrators, service providers, other resellers, and distributors. The company was founded in 1984 and is headquartered in San Jose, California.

Recent Trading Activity for Cisco Systems, Inc. (NASDAQ:CSCO)
Shares of Cisco Systems, Inc. closed the previous trading session at 47.58 up +0.39 0.83% with 47.13 shares trading hands.