On June 29, Cisco Systems rose 3.01% in regular trading, trading at $117.19 per share, with turnover of $522 million.

On the news front, the rebound follows a sharp 5%+ decline on June 27 triggered by high-severity zero-day vulnerabilities discovered in Cisco Catalyst SD-WAN Manager and Unified Communications Manager (tracked as CVE-2026-20245 and CVE-2026-20230), which had been actively exploited before public disclosure. The prior selloff created notable short-term oversold conditions, setting the stage for a technical recovery.

Supporting the bounce, multiple investment banks maintain bullish stances on Cisco. KeyBanc raised its target price to $130, Morgan Stanley adjusted its target to $130 from $120, and Bank of America maintains a $150 target with a Buy rating. The analyst consensus mean price target stands at approximately $131, implying meaningful upside from current levels and providing a valuation anchor for the market.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)