# J.P. Morgan analyst Samik Chatterjee maintained Cisco with an Overweight rating and raised the price target from $95 to $96.

*business · news · 2026-05-01 · Benzinga*

## Key points

- J.P. Morgan raised Cisco's price target from $95 to $96 on April 16.
- AbbVie reported first-quarter 2026 sales of $15.00 billion, exceeding analyst consensus.
- Netflix announced Reed Hastings will not seek board re-election when his term ends in June.
- Netflix issued a weaker-than-expected second quarter guidance despite first quarter outperformance.

**Companies:** Cisco, AbbVie Inc., Netflix, Inc., Zoom Communications, Inc.

[Read the full story on Benzinga](https://www.benzinga.com/trading-ideas/long-ideas/26/05/52208892/netflix-cisco-zoom-and-a-health-care-stock-on-cnbcs-final-trades)

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