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Cisco Systems upgraded to Buy on strong AI demand and robust sales growth, targeting $128.50 price.

Analyst Insights
11 Nov 2026, 15:20 WIB
Seeking Alpha
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Bullish
Cisco Systems upgraded to Buy on strong AI demand and robust sales growth, targeting $128.50 price.

Cisco Systems has been upgraded to a Buy rating due to surging demand for AI infrastructure and strong order momentum in hyperscaler and campus segments. AI-related revenue is projected to reach $7.5 billion by fiscal year 2027, growing from less than 2% to about 10% of total sales. The upgrade is supported by free cash flow growth and a higher valuation multiple, with a new price target of $128.50, implying roughly 30% upside. Risks include potential valuation multiple compression, but Cisco's strong cash flow and shareholder returns provide a solid investment case.

Cisco Systems trades at USD 99.61 on Pluang as of Nov 11, 2026 20:31 WIB, up 1.49% in one day. The stock's market cap is $386.96 billion, with a 52-week high of $130.00. Pluang investors show 59% buy interest, reflecting confidence in the tech sector's momentum.

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