Morgan Stanley cuts Cisco rating, sees pull-forward risk after strong run
In short
Morgan Stanley has downgraded its rating on Cisco following a strong run for the company's shares. The firm cited the risk of pull-forward demand as a primary reason for the rating cut.
Key points
- Morgan Stanley has downgraded its rating on Cisco following a strong run for the company'…: Morgan Stanley has downgraded its rating on Cisco following a strong run for the company's shares.
- The firm cited the risk of pull-forward demand as a primary reason for the rating cut.: The firm cited the risk of pull-forward demand as a primary reason for the rating cut.