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.
Archive
Cisco Systems stock dropped roughly 5% after Piper Sandler trimmed its price target to $125, pointing to industry growth concerns.
As public market enthusiasm for artificial intelligence continues to drive tech valuations higher, market analysts are pointing to historical parallels like the dot-com crash to evaluate the risks of a potential speculative bubble.