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Evercore Elevates Cisco’s Rating to 'Outperform' and Adjusts Target Price Upward to $100
3 week ago /
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Author：小编
On January 27, 2026, Evercore made a significant move by upgrading Cisco's stock rating from 'Equal-Weight' to 'Outperform', and simultaneously increased its target price from $80 to $100. The primary driver behind this upgrade is Cisco's remarkable growth trajectory in the artificial intelligence domain, which is further bolstered by cyclical prospects stemming from corporate network equipment modernization initiatives. Analysts have highlighted that a confluence of positive factors will underpin Cisco's ability to sustain a robust revenue growth rate in the high single-digit range, along with a steady earnings per share growth rate in the low double-digit range over the forthcoming years.
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