Citigroup reiterated coverage on Cisco with a new price target
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Citigroup reiterated coverage of Cisco with a rating of Buy and set a new price target of $68.00 from $64.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/16/2025 | $70.00 | Buy → Neutral | New Street |
| 5/15/2025 | $75.00 | Equal Weight → Overweight | Wells Fargo |
| 5/9/2025 | Neutral → Buy | Cleveland Research | |
| 2/18/2025 | Hold → Buy | DZ Bank | |
| 2/13/2025 | $66.00 → $80.00 | Neutral → Buy | Rosenblatt |
| 1/28/2025 | $72.00 | Neutral → Outperform | Exane BNP Paribas |
| 1/17/2025 | $64.00 → $68.00 | Buy | Citigroup |
| 1/6/2025 | $66.00 → $73.00 | Hold → Buy | Melius |
Remote-First-Company | NEW YORK CITY, June 03, 2025 (GLOBE NEWSWIRE) -- VAST Data, the AI Operating System company, today announced the expansion of its strategic partnership with Cisco (NASDAQ:CSCO) to deliver a fully integrated and validated AI infrastructure stack that spans compute, networking, storage, and observability. The VAST AI Operating System is now available directly through Cisco's Global Price List (GPL) and is fully supported by Cisco as part of the joint solution – simplifying how enterprises implement, operate, and scale modern AI environments by enabling customers to seamlessly procure and deploy VAST AI OS alongside Cisco UCS servers, Nexus switching, and Cisco Nexus Hy
New Duo IAM delivers comprehensive identity security that organizations can trust News Summary: Cisco Duo unveiled an innovative, security-first Identity and Access Management (IAM) solution.Duo IAM protects against modern AI-driven identity threats, while maintaining user productivity.Building on its globally trusted multifactor authentication (MFA), Duo IAM sets a new standard for end-to-end phishing resistance without expensive hardware keys.SAN JOSE, Calif., May 28, 2025 /PRNewswire/ -- Cisco (NASDAQ:CSCO), the leader in security and networking, today unveiled Duo Identity and Access Management (IAM), a new security solution that transforms how organizations combat persistent identity-ba
New Cisco Research Reveals Overwhelming Demand for Agentic AI to Transform the Way Technology Vendors Deliver Customer Experience News Summary: The rise of agentic AI: By 2026, 68% of all customer service and support interactions with technology vendors are expected to be handled by agentic AI.Customer experience becomes mission-critical: With growing IT complexity, 92% of organizations say the support and services they receive are more important than ever.Transformational benefits of AI: A striking 93% of respondents predict that agentic AI will enable more personalized, proactive, and predictive services.The power of human connection: Despite AI's rise, 89% of customers emphasize the nee
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Security remains a key focus as organizations cautiously approach AI, with only 11% fully trusting it for mission-critical tasks Nearly half (46%) spend more time maintaining tools than defending the organization78% say sharing data with observability teams resolves incidents fasterSAN FRANCISCO, May 20, 2025 /PRNewswire/ -- Splunk, the cybersecurity and observability leader, today released its "State of Security 2025" global research report, highlighting the mounting challenges faced by Security Operations Centers (SOCs). The report uncovers the pain points that mire down organizations and open their doors to threats – 46% of respondents said they spend more time maintaining tools than defe
SAN JOSE, Calif., May 14, 2025 /PRNewswire/ -- News Summary: Product orders up 20% year over year; up 9% excluding Splunk, with growth across all geographies and customer marketsAI Infrastructure orders taken from webscale customers exceeded $600 million, surpassing our $1 billion target one quarter earlyRevenue of $14.1 billion, up 11% year over year, above the high end of our guidance rangeStrong profitability with GAAP and non-GAAP margins and EPS above the high end of our guidance rangeQ3 FY 2025 Results:Revenue: $14.1 billionIncrease of 11% year over yearEarnings per Shar
SAN JOSE, Calif., May 1, 2025 /PRNewswire/ -- Cisco (NASDAQ:CSCO) has scheduled a conference call for Wednesday, May 14, 2025, at 1:30 PM (PT); 4:30 PM (ET) to announce its third quarter fiscal year 2025 financial results for the period ending Saturday, April 26, 2025. Financial results will be released over PR Newswire via US National and European Financial distribution, after the close of the market on Wednesday, May 14, 2025. Cisco's quarterly earnings press release will be posted at https://newsroom.cisco.com. Date: Wednesday, May 14, 2025 Time:
Cisco to collaborate with G42, OpenAI, Oracle, NVIDI, and SoftBank Group to power AI innovation and infrastructure development in recently announced UAE-US AI Campus in Abu Dhabi News Summary Cisco to provide networking, security and observability hardware and software solutions for OpenAI workloads, advancing AI infrastructure in the Middle East. Strategic partnership supports the Stargate Project's commitment to safe, broadly distributed AI development and responsible capital stewardship.MOU signed by Cisco's Chair and Chief Executive Officer, Chuck Robbins, together with G42, OpenAI, Oracle, NVIDIA and SoftBank Group.MOU aligns with President Trump's visit to the region last week and comp
Cisco to Join HUMAIN's Initiative to Build the Kingdom's Future AI Infrastructure News Summary: Cisco to partner with Saudi Arabia's new HUMAIN AI enterprise to power AI infrastructure and ecosystem growth.New investments in research, talent and digital skills aim to accelerate the Kingdom's AI journey.The partnership supports Vision 2030 by advancing Saudi Arabia's transformation into a leading, diversified digital economy.RIYADH, Saudi Arabia, May 13, 2025 /PRNewswire/ -- Cisco, the global leader in networking and security, today announced a groundbreaking initiative with HUMAIN – Saudi Arabia's new AI enterprise – to help build the world's most open, scalable, resilient and cost-efficien
News Summary: Cisco to join HUMAIN's alliance to build Saudi Arabia's future AI Infrastructure.Cisco and G42 extend their strategic partnership to drive AI innovation across the United Arab Emirates (UAE) and the United States.Cisco to collaborate with AIP (AI Infrastructure Partnership) to drive investment in data centers and AI infrastructure in the United States and globally.SAN JOSE, Calif., May 13, 2025 /PRNewswire/ -- Cisco, the global leader in networking and security, today announced a series of strategic initiatives across all phases of the AI revolution in the United States and in the Middle East region. These new initiatives place Cisco at the center of the AI revolution in the Gu
New Street downgraded Cisco from Buy to Neutral and set a new price target of $70.00
Wells Fargo upgraded Cisco from Equal Weight to Overweight and set a new price target of $75.00
Cleveland Research upgraded Cisco from Neutral to Buy
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