Does Cisco Stock Look More Appealing Now?
The last couple of years have been relatively quiet when it comes to high-profile mergers and acquisitions in the technology space. In recent months, however, investors have seen the likes of Microsoft, Alphabet, and Amazon invest billions into artificial intelligence start-ups like OpenAI and Anthropic.
While these transactions have garnered lots of attention, they represent only a small slice of the overall appetite of big tech. Cisco Systems (NASDAQ: CSCO) recently announced its intention to acquire cybersecurity firm Splunk (NASDAQ: SPLK) for $28 billion.
Let's dig into the specifics of Cisco's proposed deal and see if now is a good opportunity to buy some shares before the deal is finalized.
Source Fool.com
Cisco Systems Inc. Aktie
47,49 €
0,63 %
Die Cisco Systems Inc. Aktie verzeichnet mehrere Buy-Einschätzungen, was auf eine positive Stimmung hindeutet.
Das Community-Kursziel von 53 € für Cisco Systems Inc. deutet auf ein leicht positives Wachstumspotenzial gegenüber 47.49 € hin.
