Cisco Systems (NASDAQ:CSCO) Shares Break Below 200-Day Moving Average After Analyst Downgrade

Cisco Systems (NASDAQ:CSCO) shares dropped below their 200-day moving average after Morgan Stanley downgraded the stock from Overweight to Equal Weight, citing concerns that accelerated AI-infrastructure growth could lead to a less profitable product mix. Despite the downgrade and a reduced price target, analyst sentiment for Cisco remains largely positive with a "Moderate Buy" consensus rating. The company's recent Q3 earnings beat estimates, and it announced a quarterly dividend, while insider selling and institutional investor activity also saw notable changes.