B of A Securities Maintains Buy Rating for Arista Networks: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
B of A Securities has maintained its Buy rating for Arista Networks (NYSE:ANET) and increased its price target from $190.00 to $225.00. Despite a 0.05% decrease in the last 24 hours, the new price target represents a 19.09% increase from the current share price. Arista Networks, a networking equipment provider, counts Microsoft and Meta Platforms as its largest customers.
September 13, 2023 | 5:00 pm
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B of A Securities has maintained its Buy rating for Arista Networks and increased its price target, indicating positive sentiment towards the stock.
The maintained Buy rating and increased price target by B of A Securities indicates a positive outlook for Arista Networks. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100