Business & Enterprise Finance2 min reading time

Cisco stock sinks 5% after Piper Sandler cuts price target on growth concerns

CNBCPublished 20 days ago

Cisco's stock fell 5% after Piper Sandler lowered its price target due to concerns that growth in the networking equipment sector is peaking despite Cisco's recent strong earnings and optimistic revenue guidance.

#chuck-robbins #cisco-systems #networking-equipment-industry #piper-sandler

Cisco stock sinks 5% after Piper Sandler cuts price target on growth concerns

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