Banc of America Securities cut Cisco ( CSCO) to neutral from buy, saying the stock has limited upside after a long rally. The firm also said it expects growth to slow in coming quarters.

The firm maintained its $30 price target on the stock, which has risen nearly 70% since an August earnings blowout in which CEO John Chambers wowed Wall Street by boosting his revenue targets.

Separately, Prudential cut its rating on the stock to neutral from overweight, with a $26 price target.

Cisco, which hit a 52-week high last week at $28.99, fell 43 cents early Tuesday to $28.49.