Cisco Systems, Inc. (NASDAQ:CSCO) Sees Positive Analyst Outlook and Stock Performance

Core Insights - Cisco Systems, Inc. is a leading technology company in networking hardware, software, and telecommunications equipment, competing with Juniper Networks and Arista Networks [1] - David Vogt from UBS has set a price target of $88 for Cisco, indicating a potential upside of 20.37% from its current trading price of $73.11 [1][5] Stock Performance - Cisco's stock has increased by 6.1% over the past month, outperforming the Zacks S&P 500 composite's increase of 3.8% [2][5] - The Computer - Networking industry, which includes Cisco, gained 7.7% during the same period, showcasing Cisco's strong position within its sector [2] Earnings Estimates - Earnings estimate revisions are crucial for Cisco, providing insights into the company's future earnings potential and significantly influencing stock performance [3][5] - Investors and analysts closely monitor these projections to gauge Cisco's future stock direction [3] Current Stock Metrics - Cisco's current stock price is $73.11, reflecting a slight increase of 0.27% from the previous session [4] - The stock has traded between $72.43 and $73.48 today, with a 52-week high of $73.48 and a low of $52.11 [4] - Cisco's market capitalization is approximately $289 billion, with a trading volume of 24,007,995 shares today [4]