Another quarter of double-digit order growth proves Cisco is an underrated winner from the AI infrastructure buildout.
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UBS sees shares of Cisco rallying 20% from their current levels.
Cisco shares are up more than 20% year to date, largely driven by enthusiasm pouring into artificial intelligence infrastructure…
The company also issued slightly better than expected guidance.
In a Tuesday note, the bank maintained its buy rating on the cloud computing stock and raised its price target.
Jay Woods reviews Cisco, a key company reporting earnings this week, and why traders will be dissecting this week's CPI and PPI…
Shares have advanced about 11% so far in 2025.
