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Cisco's Turning Point? The Market's Most Overlooked AI Play

Investing.com Logo Investing.com By Jeffrey Neal Johnson
Cisco's Turning Point? The Market's Most Overlooked AI Play

UBS upgraded Cisco Systems from Neutral to Buy, highlighting the company's potential in AI networking, security solutions, and network infrastructure refresh, with a new price target of $88 per share.

Insights
GME   neutral

Used as a comparative reference point for short squeeze dynamics, mentioned as a historical example


CSCO   positive

Secured over $2 billion in AI-related orders, strategic AI ecosystem initiatives, strong financial performance with $13.3 billion free cash flow, and potential for multi-year growth cycle in AI networking and security