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DZ Bank gives a Buy recommendation for Cisco Systems, Inc (CSCO)

In a filing, Cisco Systems, Inc revealed its EVP and Chief Legal Officer Stahlkopf Deborah L unloaded Company’s shares for reported $0.76 million on Feb 21 ’25. In the deal valued at $64.37 per share,11,808 shares were sold. As a result of this transaction, Stahlkopf Deborah L now holds 200,191 shares worth roughly $12.66 million.

Then, Subaiya Thimaya K. sold 8,973 shares, generating $578,958 in total proceeds. Upon selling the shares at $64.52, the EVP, Operations now owns 194,644 shares.

Before that, DEBORAH STAHLKOPF bought 11,808 shares. Cisco Systems, Inc shares valued at $763,623 were divested by the Officer at a price of $64.67 per share.

DZ Bank upgraded its Cisco Systems, Inc [CSCO] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Rosenblatt’s analysts, who increased its forecast for the stock in mid February from “a Neutral” to “a Buy”. Exane BNP Paribas also remained covering CSCO and has increased its forecast on January 28, 2025 with a “an Outperform” recommendation from previously “Neutral” rating. Citigroup maintained its rating on January 17, 2025. It rated CSCO as “a Buy”.

Price Performance Review of CSCO

On Friday, Cisco Systems, Inc [NASDAQ:CSCO] saw its stock fall -1.16% to $63.24. Over the last five days, the stock has lost -2.51%. Cisco Systems, Inc shares have risen nearly 6.82% since the year began. Nevertheless, the stocks have risen 30.45% over the past one year. While a 52-week high of $66.50 was reached on 02/13/25, a 52-week low of $44.50 was recorded on 01/13/25. SMA at 50 days reached $60.55, while 200 days put it at $53.25.

Levels Of Support And Resistance For CSCO Stock

The 24-hour chart illustrates a support level at 62.73, which if violated will result in even more drops to 62.23. On the upside, there is a resistance level at 64.16. A further resistance level may holdings at 65.09. The Relative Strength Index (RSI) on the 14-day chart is 57.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.50%. Stochastics %K at 60.30% indicates the stock is a holding.

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