In a report released yesterday, Michael Genovese from Rosenblatt Securities maintained a Hold rating on Cisco Systems (CSCO - Research Report), with a price target of $51.00. The company's shares closed yesterday at $44.39.Genovese covers the Technology sector, focusing on stocks such as Extreme Networks, Adtran, and Calix. According to TipRanks, Genovese has an average return of 11.1% and a 57.20% success rate on recommended stocks. In addition to Rosenblatt Securities, Cisco Systems also received a Hold from Morgan Stanley's Meta Marshall in a report issued on November 11. However, on the same day, Raymond James maintained a Buy rating on Cisco Systems (NASDAQ: CSCO).
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