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Cisco Surges on Record AI Demand as Analysts Boost Price Targets

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The Story

News Summary

  • Jim Cramer and major Wall Street analysts strongly endorsed Cisco following record fiscal 2026 results and surging AI infrastructure orders.
  • Despite conservative FY2027 guidance, analysts project robust upside supported by enterprise AI demand and expectations for AI infrastructure revenue to nearly double to $7.5 billion.
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US100 price history

29368.44 +18.07% over the displayed period

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