Workflow
Data center switching
icon
Search documents
UBS Lifts PT on Cisco Systems, Inc. (CSCO) Stock
Yahoo Finance· 2026-02-17 12:28
Core Insights - Cisco Systems, Inc. (NASDAQ:CSCO) is recognized as one of the 14 best cloud computing stocks to buy currently [1] Group 1: Analyst Ratings and Price Targets - UBS raised its price target for Cisco's stock to $95 from $90 while maintaining a "Buy" rating, citing increased AI order momentum that enhances revenue visibility for FY 2026 and growth potential for FY 2027 [3] - JPMorgan also increased its price objective for Cisco's stock to $95 from $90, keeping an "Overweight" rating, noting that the stock is near its peak valuation multiple but has potential for upside due to revenue growth acceleration [4] Group 2: Strategic Partnerships and Business Focus - Cisco's partnership with Nvidia is expected to facilitate enterprise AI adoption in the future [5] - The company specializes in designing, developing, and selling technologies that power, secure, and derive insights from the internet, offering products such as data center switching, network security, and identity and access management [5]