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Melius Upgrades Cisco (CSCO) to Buy, Highlights AI and Networking Upside

Melius Upgrades Cisco (CSCO) to Buy, Highlights AI and Networking Upside


Published on 2025-01-07 17:01:25 - MSN
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  • We recently published a list of Top 10 AI Stocks on Wall Street's Radar. In this article, we are going to take a look at where Cisco Systems, Inc. (NASDAQ:CSCO) stands against other AI stocks on Wall Street's Radar.

The article from MSN discusses Melius Research upgrading Cisco Systems (CSCO) to a "Buy" rating, highlighting the potential for growth in artificial intelligence (AI) and networking sectors. Analyst Ben Reitzes emphasized Cisco's strategic positioning to benefit from the increasing demand for AI infrastructure, particularly through its networking products which are crucial for AI workloads. The upgrade reflects optimism about Cisco's ability to leverage its existing technology to meet the evolving needs of data centers and enterprise networks, driven by AI advancements. Additionally, the report points to Cisco's strong market position and its potential to expand in areas like security and cloud computing, which are also seeing significant AI integration.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/technology/tech-companies/melius-upgrades-cisco-csco-to-buy-highlights-ai-and-networking-upside/ar-AA1x7W2g ]
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