Robert W. Baird analyst Jonathan Ruykhaver maintained a Hold rating on Cisco Systems (CSCO – Research Report) today and set a price target of $47.00. The company's shares closed last Wednesday at $48.36, close to its 52-week low of $47.47. According to TipRanks.com, Ruykhaver is a top 100 analyst with an average return of 27.0% and a 63.3% success rate. Ruykhaver covers the Technology sector, focusing on stocks such as Tufin Software Technologies, Ping Identity Holding, and CrowdStrike Holdings. Cisco Systems has an analyst consensus of Moderate Buy, with a price target consensus of $62.10, implying a 23.0% upside from current levels.
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