** Shares of communications equipment maker Cisco CSCO.O up 1.6% at $74.24
** Brokerage UBS raises PT for CSCO to $88 from $74
** UBS expects FY26 revenue growth to exceed the 4% to 6% guide with continued strong growth in FY27, driven by AI strength as the company has secured over $2bln in AI orders from webscalers while closing in on $1bln in Enterprise/Sovereign related orders
** Additionally, CSCO launches a new computing platform "Cisco Unified Edge," which will run AI workloads at local entities such as retail stores, factory floors and healthcare facilities
** Up to last close, stock has risen ~24% this year
(Reporting by Arnav Mishra in Bengaluru)
((Arnav.Mishra@thomsonreuters.com))
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