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This Cisco Analyst Turns Bullish; Here Are Top 5 Upgrades For Friday

Benzinga ·  Aug 16 20:42

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

  • HSBC analyst Stephen Bersey upgraded the rating for Cisco Systems, Inc. (NASDAQ:CSCO) from Hold to Buy, while raising the price target from $46 to $58. Cisco shares gained 6.8% to close at $48.53 on Thursday. See how other analysts view this stock.
  • Williams Trading analyst Sam Poser upgraded NIKE, Inc. (NYSE:NKE) from Sell to Buy and boosted the price target from $67 to $93. Nike shares gained 5.1% to close at $82.50 on Thursday. See how other analysts view this stock.
  • Cantor Fitzgerald analyst C J Muse upgraded the rating for Teradyne, Inc. (NASDAQ:TER) from Neutral to Overweight and announced a $160 price target. Teradyne shares gained 5.2% to close at $131.73 on Thursday. See how other analysts view this stock.
  • Piper Sandler analyst Harsh Kumar upgraded Microchip Technology Incorporated (NASDAQ:MCHP) from Neutral to Overweight, while increasing the price target from $90 to $100. Microchip shares gained 4.1% to settle at $81.30 on Thursday. See how other analysts view this stock.
  • Daiwa Capital analyst Narumi Nakagiri upgraded the rating for Illumina, Inc. (NASDAQ:ILMN) from Neutral to Buy and boosted the price target from $120 to $154. Illumina shares gained 5.3% to close at $128.80 on Thursday. See how other analysts view this stock. See how other analysts view this stock.

Considering buying CSCO stock? Here's what analysts think:

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