Cisco Shares Fall 5% Following Piper Sandler Price Target Cut
Cisco Systems stock dropped roughly 5% after Piper Sandler trimmed its price target to $125, pointing to industry growth concerns.
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Cisco Systems stock dropped roughly 5% after Piper Sandler trimmed its price target to $125, pointing to industry growth concerns.
The AI chip startup plans to scale production and customer deployments as it builds specialized hardware for high-volume inference.