Six Firms Just Piled Into Cisco: Wall Street Rushes to Hike Price Targets After 20% Earnings Pop

Cisco rallied roughly 19% after a blowout fiscal Q3 2026 report, prompting six major Wall Street firms to raise price targets on May 14. The move signals materially improved investor confidence in Cisco's earnings power and outlook, with the article centered on upgraded analyst expectations rather than broader sector developments.

Analysis

Cisco rallied roughly 19% after a blowout fiscal Q3 2026 report, prompting six major Wall Street firms to raise price targets on May 14. The move signals materially improved investor confidence in Cisco's earnings power and outlook, with the article centered on upgraded analyst expectations rather than broader sector developments.