Morgan Stanley Upgrades Arista Networks to Overweight, Raises Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Meta Marshall has upgraded Arista Networks (NYSE:ANET) from Equal-Weight to Overweight and raised the price target from $185 to $220.
October 31, 2023 | 9:39 am
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Arista Networks has been upgraded to Overweight from Equal-Weight by Morgan Stanley, with a raised price target of $220, up from $185.
The upgrade from Morgan Stanley is a positive signal for Arista Networks. The raised price target indicates that the analyst sees potential for the stock's price to increase, which could attract investors and drive up the stock price in the short term.
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IMPORTANCE 80
RELEVANCE 100