This Cisco Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Monday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

• Needham analyst Scott Berg initiated coverage on Shopify Inc. (NASDAQ:SHOP) with a Buy rating and announced a price target of $135. Shopify shares closed at $112.11 on Friday. See how other analysts view this stock.
• HC Wainwright & Co. analyst Raghuram Selvaraju initiated coverage on Innoviva, Inc. (NASDAQ:INVA) with a Buy rating and announced a price target of $40. Innoviva shares closed at $18.77 on Friday. See how other analysts view this stock.
• CICC analyst Shiwen Li initiated coverage on Cisco Systems, Inc. (NASDAQ:CSCO) with an Outperform rating and announced a price target of $78. Cisco shares closed at $67.95 on Friday. See how other analysts view this stock.
• B of A Securities analyst Nafeesa Gupta initiated coverage on Tripadvisor, Inc. (NASDAQ:TRIP) with a Neutral rating and announced a price target of $19. Tripadvisor shares closed at $18.00 on Friday. See how other analysts view this stock.
• Morgan Stanley analyst Chris Quintero initiated coverage on Manhattan Associates, Inc. (NASDAQ:MANH) with an Underweight rating and announced a price target of $190. Manhattan Associates shares closed at $196.16 on Friday. See how other analysts view this stock.

Considering buying CSCO stock? Here’s what analysts think:

Read This Next:

• Top 3 Health Care Stocks That Could Blast Off In July

Photo via Shutterstock