Redburn Atlantic analyst Timm Schulze-Melander initiated coverage of the stock this week with a "buy" rating. The analyst set the price target at $178, implying upside of 21% over the current share price of $147 at the time of writing.

Cisco Systems is up 17% for the year to date on a total return basis (price change plus dividends) and Wall Street is moderately bullish on the blue chip stock. According to S&P Global Market Intelligence, the average analyst target price for CSCO is $60. ...

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There have been few better stocks to own over the past three months than Palantir ( PLTR 1.42%). The stock more than doubled in that time, far outperforming both indexes and other market leaders. This performance can be traced to several events, notably Palantir's inclusion in the S&P 500 in September and its blowout Q3 earnings.

Analysts surveyed by FactSet expect the company to post earnings of 87 cents a share on revenue of $13.78 billion.

Cisco (CSCO) kicked off fiscal 2025 with better-than-expected first-quarter results, beating Wall Street’s revenue and earnings estimates. Despite this, its stock dipped in extended trading due to cautious guidance on future artificial intelligence (AI)-related orders.

Cisco Systems' (NASDAQ:CSCO) stock dipped about 1% premarket on Thursday as the first quarter beat was offset by "only a slightly raised" fiscal year 2025 growth outlook and an unchanged Al guidance,