By Neha Gupta
Publication Date: 2026-04-08 20:45:00
Cisco Systems, Inc. (NASDAQ:CSCO) is among the best performing cybersecurity stocks in 2025. On March 30, Truist Securities initiated coverage on Cisco Systems Inc (NASDAQ:CSCO) stock with a Buy rating and a price target of $94. Among other factors, Truist cited strength in Cisco’s networking business for its bullish view on the stock.
Katherine Welles / Shutterstock.com
According to Truist, AI infrastructure investment is driving gains in Cisco’s Core Networking segment. The equity research firm also said Cisco is benefiting from campus product refresh. It sees mid-teens product growth in fiscal 2026 and 2027.
Additionally, Truist pointed out that Cisco has been able to maintain and grow its operating margin even through inflationary pressures. It attributes this achievement to the company’s scale as well as its shift to software and services business.
Nevertheless, Truist noted that…
