Can Cisco Stock Rebound To $60?
CSCOCisco Systems(CSCO) Forbes·2024-08-19 17:00

NEW YORK, NEW YORK - MAY 21: Chuck Robbins, Chair and CEO, Cisco speaks onstage during The Wall ... [+] Street Journal's Future of Everything Festival at Spring Studios on May 21, 2024 in New York City. (Photo by Dia Dipasupil/Getty Images)Getty ImagesCisco stock currently trades at 48.50pershare,roughly1748.50 per share, roughly 17% below its pre-inflation shock high of 58.70 seen on December 29, 2021. Cisco’s product sales have witnessed a slowdown as customers focused on utilizing the inventory purchased post the Covid-19 pa ...