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Cisco stock sinks 5% after Piper Sandler cuts price target on growth concerns

Cisco stock hit a record over the summer, but Piper Sandler analysts expressed concerns that growth is peaking in the industry.

1 report1 sourceSep 22, 2026, 7:21 PM
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CNBCSep 22, 2026, 7:21 PM

Cisco stock sinks 5% after Piper Sandler cuts price target on growth concerns

Cisco stock hit a record over the summer, but Piper Sandler analysts expressed concerns that growth is peaking in the industry.

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