Cisco Systems (NASDAQ:CSCO) Downgraded to "Hold" Rating by Wall Street Zen

Wall Street Zen downgraded Cisco Systems (NASDAQ:CSCO) to a “hold” rating, though the stock still holds a consensus “Moderate Buy” rating with a target price of $89.55 from other analysts who have increased their price targets. The downgrade follows Cisco’s beat-and-raise Q2 earnings, but concerns linger over potential margin compression due to higher memory costs and a hardware-heavy product mix, along with recent insider selling. Despite positive news like increased AI orders and product share gains, these risks and insider activity may impact near-term sentiment.