Bernstein Initiates Coverage on Cisco Systems
Bernstein initiated coverage on Cisco Systems (CSCO) with a Market Perform rating and a $110 price target, indicating limited upside potential near 1.4%. The stock rose about 0.8% to $108.49.
25pm ET on Oct. 1 after Bernstein started coverage with a Market Perform rating and a $110 price target. 4% upside to the analyst target. The valuation picture adds an…