Cisco Systems closed at $93.85 on November 6, down 20% over the past month and down 10% on the week alone, arriving at its November 11 Q1 FY2027 report having surrendered most of the summer's gains. The sharpest narrative shift came four days before the print. Morgan Stanley's Meta Marshall cut the stock from Overweight to Equal-Weight on November 5 and trimmed her target from $135…
CSCO Morgan Stanley downgrades to Equal-Weight, cuts target to $120 from $135, citing gross margin pressure in FY27.
Key data as of 10 Nov 2026
CSCO Morgan Stanley downgrades to Equal-Weight, cuts target to $120 from $135, citing gross margin pressure in FY27.
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Read on ORTEX →Sign up for premiumWhy this matters: Cisco Systems is sending mixed signals. Options traders are loading up on puts. Short sellers are exiting. Both moves accelerated this week — and the divergence is worth watching. The put-call ratio…
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