Citigroup Upgrades Arista Networks to Buy, Raises Price Target to $220
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Atif Malik has upgraded Arista Networks (NYSE:ANET) from Neutral to Buy and raised the price target from $177 to $220.
August 31, 2023 | 10:29 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Arista Networks has been upgraded from Neutral to Buy by Citigroup, with a raised price target from $177 to $220.
The upgrade from Neutral to Buy by Citigroup indicates a positive outlook for Arista Networks. The raised price target from $177 to $220 suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100