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Cisco Systems, Inc. $CSCO Shares Sold by Albion Financial Group UT
Albion Financial Group UT has reduced its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 4.8%, selling 14,201 shares, though Cisco remains its 20th largest holding. Despite this sale, multiple analysts have raised their price targets and ratings for Cisco, including Morgan Stanley and CICC, leading to a “Moderate Buy” consensus. Cisco recently beat quarterly earnings estimates and increased its quarterly dividend.