Cisco Systems Surges to 64th in Trading Volume with $1.39 Billion Turnover

Generated by AI AgentAinvest Volume Radar
Thursday, Jul 17, 2025 7:40 pm ET1min read
Aime RobotAime Summary

- Cisco Systems surged to 64th in trading volume on July 17, 2025, with $1.39B turnover and 1.38% stock price rise.

- JP Morgan upgraded its price target to $78 while maintaining 'Overweight' rating, reflecting confidence in Cisco's AI-driven growth.

- KeyCorp and KeyBanc initiated 'Overweight' coverage, citing Cisco's subscription model shift and AI adoption as key growth drivers.

- CICC joined with 'Outperform' rating and $78 target, reinforcing market confidence in Cisco's strategic transformation.

On July 17, 2025,

Inc. (CSCO) saw a significant increase in trading volume, with a turnover of $1.39 billion, marking a 36.1% rise from the previous day. This surge placed at the 64th position in terms of trading volume for the day. The stock price of Cisco also rose by 1.38%, marking the second consecutive day of gains, with a total increase of 1.67% over the past two days.

JP Morgan has maintained an 'Overweight' rating on Cisco Systems, while adjusting the target price from $73 to $78. This adjustment reflects a positive outlook on the company's future performance. The rating scale used by analysts ranges from 1 to 5, with 1 signifying a 'Strong Buy' and 5 denoting a 'Sell'.

KeyCorp initiated coverage on Cisco Systems, issuing an 'Overweight' rating and setting a price target of $77.00. This move underscores the growing confidence in Cisco's strategic shifts towards subscription-based models and AI-driven innovations.

KeyBanc has also started coverage on Cisco with an 'Overweight' rating, citing the company's transition to subscription services and the tailwinds from AI advancements. Additionally, CICC initiated coverage on Cisco with an 'Outperform' rating and a price target of $78.

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