Citigroup Maintains Neutral on Arista Networks, Raises Price Target to $177
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Atif Malik maintains a Neutral rating on Arista Networks (NYSE:ANET) and raises the price target from $160 to $177.
August 04, 2023 | 9:11 am
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Arista Networks and raises the price target from $160 to $177.
The news is directly about Arista Networks. Citigroup's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target could be seen as a positive signal, potentially leading to a slight increase in investor confidence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100