Cisco (NASDAQ:CSCO) gets downgraded to Buy by Goldman Sachs Group

Cisco (NASDAQ:CSCO) gets downgraded to Buy by Goldman Sachs Group

Apr 16, 2019 (Market Exclusive via COMTEX) —

Analyst Ratings For Cisco (NASDAQ:CSCO)

Today, Cisco (NASDAQ:CSCO) stock was downgraded by Goldman Sachs Group from Conviction-Buy to Buy.

There are 19 Buy Ratings, 5 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Cisco (NASDAQ:CSCO) is Buy with a consensus target price of $53.7619 per share, a potential 4.95% downside.

Some recent analyst ratings include

4/16/2019-Cisco (NASDAQ:CSCO) gets downgraded to Buy by Goldman Sachs Group 2/14/2019-Cisco (NASDAQ:CSCO) had its Buy rating reiterated by Bank of America with a $56.00 price target On 3/12/2019 David Goeckeler, EVP, sold 30,000 with an average share price of $52.07 per share and the total transaction amounting to $1,562,100.00. On 2/28/2019 Kelly A Kramer, CFO, sold 70,000 with an average share price of $51.70 per share and the total transaction amounting to $3,619,000.00. On 2/19/2019 Roderick C Mcgeary, Director, sold 15,000 with an average share price of $49.66 per share and the total transaction amounting to $744,900.00. On 12/19/2018 M Michele Burns, Director, sold 4,744 with an average share price of $44.06 per share and the total transaction amounting to $209,020.64. On 12/12/2018 Steven M West, Director, sold 25,000 with an average share price of $47.98 per share and the total transaction amounting to $1,199,500.00. On 12/3/2018 Irving Tan, SVP, sold 28,000 with an average share price of $48.43 per share and the total transaction amounting to $1,356,040.00. On 11/29/2018 Kelly A Kramer, CFO, sold 70,000 with an average share price of $47.44 per share and the total transaction amounting to $3,320,800.00.

About Cisco (NASDAQ:CSCO)
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry

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