Caprock Group LLC has recently invested $10.39 million in Cisco Systems, Inc., acquiring 150,404 shares in the third quarter. This move is part of a broader trend of institutional investors adjusting their positions in Cisco, with several other firms increasing their stakes. Analysts have also updated price targets for CSCO, largely maintaining “buy” or “overweight” ratings and expressing positive sentiment regarding Cisco’s strategic moves into AI networking.
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Caprock Group LLC Makes New $10.39 Million Investment in Cisco Systems, Inc. $CSCO
Caprock Group LLC has recently invested $10.39 million in Cisco Systems, Inc., acquiring 150,404 shares in the third quarter. This move is part of a broader trend of institutional investors adjusting their positions in Cisco, with several other firms increasing their stakes. Analysts have also updated price targets for CSCO, largely maintaining “buy” or “overweight” ratings and expressing positive sentiment regarding Cisco’s strategic moves into AI networking.