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1 week agoWall Street Sees 16% Upside in Cisco (CSCO) Despite Recent 9.4% Selloff
Cisco Systems ( NASDAQ: CSCO) has dropped 9.4% over the past week. That's seven times worse than the S&P 500's 1.28% decline over the same period. Yet Wall Street analysts still see the stock climbing to an average target of $88.81, implying roughly 16% upside from current levels. The question: is this a buying opportunity or are analysts missing something the market already knows?
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