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Cisco (CSCO) Stock: Strong Earnings, Heavy Selling — What’s Going On?

By Trader Edge at 2026-06-27 12:00

Sentiment: Positive

TLDR Cisco (CSCO) dropped 4.4% on Friday, trading as low as $112.86, on volume more than double the daily average. The company beat Q3 estimates with $1.06 EPS on $15.84 billion in revenue, up 12% year-over-year. Analysts hold a Moderate Buy consensus with an average price target of $123.14; KeyCorp lifted its target to $130. [...] The post Cisco (CSCO) Stock: Strong Earnings, Heavy Selling — What’s Going On? appeared first on CoinCentral. Continue reading...

Categories: Stocks

Tags: #Stocks

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