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Cisco upgraded to Buy from Hold at Erste Group

Erste Group analyst Hans Engel upgraded Cisco (CSCO) to Buy from Hold. Cisco Systems’ operating margin will remain above average, as will its return on equity, the analyst tells investors. Cisco’s management has given “an optimistic outlook for the new fiscal year 2026,” and the firm considers the company’s forecast to be conservative and expects it to exceed its target, the analyst added.

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