JMP Securities Maintains Market Outperform on Arista Networks, Raises Price Target to $200
Portfolio Pulse from richadhand@benzinga.com
JMP Securities analyst Erik Suppiger maintains a Market Outperform rating on Arista Networks (NYSE:ANET) and raises the price target from $165 to $200.
July 26, 2023 | 12:23 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Arista Networks' price target has been raised from $165 to $200 by JMP Securities, maintaining a Market Outperform rating.
The news of JMP Securities raising the price target for Arista Networks from $165 to $200 while maintaining a Market Outperform rating is likely to have a positive impact on the company's stock in the short term. This is because such an upgrade usually signals the analyst's increased confidence in the company's future performance, which can encourage investors to buy the stock, potentially driving up its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100