HSBC upgrades Cisco to ‘Buy’ with $58 price target: Should you invest?

Cisco Systems Inc. (NASDAQ: CSCO) received a vote of confidence today as HSBC upgraded the stock from “Hold” to “Buy” and raised its price target from $46 to $58.  This new target represents a potential upside of 20% from the previous day’s closing price, signaling renewed optimism about Cisco’s future growth prospects, particularly in its […]