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Cisco Stock Gets Upgraded to Buy. Why Wall Street Is Abuzz.

Cisco Stock Gets Upgraded to Buy. Why Wall Street Is Abuzz.

Analysts are upgrading Cisco at several firms lately, most recently Bank of America on Monday. Tal Liani, who bumped up his rating on the networking hardware provider to Buy from Neutral. Liani writes that he expects to see Cisco’s growth rate reaccelerate, driven by the artificial intelligence-related buildout of Ethernet networks, an expanding security products portfolio, and synergies from the acquisition of software company Splunk.