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The growth of the traditional network equipment industry may have peaked! Piper Sandler lowers Cisco (CSCO.US) target price to $125

The growth of the traditional network equipment industry may have peaked! Piper Sandler lowers Cisco (CSCO.US) target price to $125

智通财经智通财经2026/09/23 00:31
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Zhihu Finance APP has learned that Piper Sandler analyst James Fish maintains a “Neutral” rating on Cisco (CSCO.US), while lowering the target price from $132 to $125. The analyst stated that, given market concerns that growth in the network equipment industry may be nearing its peak, they have reduced their expectations for the price-to-earnings ratio.
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