$Cisco(CSCO)$
A BofA Securities analyst sees three big catalysts ahead for Cisco Systems Inc.’s stock that could drive it more than 20% higher.
BofA’s Tal Liani upgraded Cisco shares CSCO to buy from neutral on Monday, cheering the company’s opportunity to benefit from networking growth on the heels of market-share gains. His $60 target price — up from $55 before — implied above 24% upside from Friday’s close.
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