Cisco (Nasdaq: CSCO) got a lift today when CIBC World Markets upgraded its rating on the stock to “sector outperform” from “sector perform”.
The stock opened at $18.75 today.
Morgan Stanley upgraded Cisco to “overweight” from “equal-weight” last month after UBS and Merrill Lynch both downgraded it to “neutral” from “buy”.
Cisco: www.cisco.com
