HomeTechSoftwareMorningstar's 4-Star, $54 Fair Value Rating On Cisco Systems (CSCO)
Morningstar's 4-Star, $54 Fair Value Rating On Cisco Systems (CSCO)

Mark Cash discusses the selling following Cisco System's lackluster 3Q results. Morningstar has a 4-star rating on the stock, with a $54 fair value target. The tech giant issued 4Q and 2022 earnings below consensus, and cited China shortages and supply chain woes behind its disappointment. Tom White then breaks down a bullish example trade in Cisco, as well as a neutral trade in Arista Networks.

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