03:40 PM EST, 11/13/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We raise our 12-month target price by $10 to $85, 20.6x our FY 26 (Jul.) EPS estimate. We increase our FY 26 EPS estimate by $0.08 to $4.12 and raise FY 27's by $0.05 to $4.43. Networking product orders have seen five consecutive quarters of double-digit growth, with high teens growth in Q1 supported by demand for hyperscale infrastructure, enterprise routing, campus switching, wireless, industrial IoT, and servers. All major hyperscalers are now customers for Cisco's ( CSCO ) pluggable optics and orders for AI infrastructure from this group are expected to double compared to the previous year. Cisco's ( CSCO ) new products, particularly those designed for the AI era, are ramping faster than previous launches, indicating strong customer interest and a potential multiyear refresh cycle. However, we note that guidance for revenue growth in certain segments outside of the AI and hyperscaler-driven business was relatively modest, with some components of the business projected to grow at a lower rate.