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Barchart

Ian Cooper

Cisco Could Be Entering a More Lasting Growth Phase, Says Morgan Stanley

Cisco Morgan Stanley Meta Marshall Cybersecurity Artificial Intelligence CSCO Seeking Alpha TSMC

Morgan Stanley is forecasting that Cisco (CSCO) could be entering a new period of lasting growth. According to analyst Meta Marshall, the company appears to be entering a “more durable growth phase,” as quoted by Seeking Alpha. The firm also has an “Overweight” rating on the tech giant with a price target of $135. Fueling that call are several key catalysts, including upgrades with networking equipment, demand for artificial intelligence, and cybersecurity.

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