Rising Expenses Could See Cisco Stock Shed 15%
- Tuesday, June 1, 2021, 7:19
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Cisco stock (NASDAQ: CSCO) is up almost 20% since the beginning of 2021, but at the current price near $53 per share, we believe that Cisco stock has around 15% potential downside. Why is that? Our belief stems from the fact that Cisco stock is up around 1.5x from the low seen in March 2020…
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