Goldman Sachs Maintains Buy on Arista Networks, Raises Price Target to $356
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Michael Ng has maintained a Buy rating on Arista Networks (ANET) and increased the price target from $313 to $356.
March 22, 2024 | 10:17 am
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POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Arista Networks, raising the price target from $313 to $356.
The increase in price target by a reputable analyst firm like Goldman Sachs typically signals strong confidence in the company's future performance. This endorsement is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100