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Cisco Systems, Inc. (CSCO)

93.85 -1.87 (-1.95%)
At close: November 6 at 4:00:01 PM EST
94.20 +0.35 (+0.37%)
After hours: 7:59:37 PM EST
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Updated 16m ago
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Cisco enters its November 12 earnings report with strong AI infrastructure demand but growing concern about profitability. Morgan Stanley cut its rating to Equal-weight and lowered its price target to $120 from $135, citing valuation and lower-margin AI hardware sales.[1][2]

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