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Cisco (CSCO) is downgraded to Sell with $18 price target at JPMorgan. Positive investor...
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Thursday, January 17, 8:31 AM ETCisco (CSCO) is downgraded to Sell with $18 price target at JPMorgan. Positive investor sentiment on the stock "(has) gotten ahead of itself" given the sluggish enterprise spending environment. "Investors should be using Cisco as a source of funds from current levels." Shares -1.5% premarket.
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