In a report released yesterday, Michael Genovese from Rosenblatt Securities maintained a Hold rating on Cisco Systems (CSCO - Research Report), with a price target of $53.00. The company's shares closed yesterday at $46.66.Genovese covers the Technology sector, focusing on stocks such as Ciena, Adtran, and Calix. According to TipRanks, Genovese has an average return of 11.9% and a 58.92% success rate on recommended stocks. In addition to Rosenblatt Securities, Cisco Systems also received a Hold from J.P. Morgan's Samik Chatterjee in a report issued yesterday. However, on August 15, Citigroup reiterated a Sell rating on Cisco Systems (NASDAQ: CSCO).
https://www.tipranks.com/news/blurbs/rosenblatt-securities-sticks-to-their-hold-rating-for-cisco-systems-csco?utm_source=advfn.com&utm_medium=referral
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