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Cisco stock adds more than $10 billion in a day, but is supply or demand driving strong performance?

Por: MarketWatch Business February 17, 2023

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While at least 13 analysts celebrated that news Thursday morning by raising their price targets on the stock, there were no upgrades as a debate ensued. Cisco’s orders declined by more than 20% even as sales jumped and were predicted to continue rising strongly, which suggested to some that the bright future is just a product of component-supply issues that hurt Cisco last year and have now eased — for the time being. For more: “We expect... + full article



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