Cisco Systems (CSCO) Gets a Hold from Barclays

In a report released today, Tim Long from Barclays maintained a Hold rating on Cisco Systems (CSCO – Research Report), with a price target of $66.00. The company’s shares closed yesterday at $61.29.

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According to TipRanks, Long is a 5-star analyst with an average return of 13.5% and a 62.20% success rate. Long covers the Technology sector, focusing on stocks such as Apple, Motorola Solutions, and Arista Networks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Cisco Systems with a $69.10 average price target.

The company has a one-year high of $66.50 and a one-year low of $44.50. Currently, Cisco Systems has an average volume of 23.06M.