JP Morgan Maintains Overweight on Arista Networks, Raises Price Target to $315
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Samik Chatterjee maintains an Overweight rating on Arista Networks (ANET) and raises the price target from $297 to $315.
April 11, 2024 | 11:59 am
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POSITIVE IMPACT
JP Morgan analyst Samik Chatterjee reaffirms an Overweight rating on Arista Networks and increases the price target to $315.
The upgrade in price target by a reputable analyst like Samik Chatterjee from JP Morgan is a strong positive signal for Arista Networks. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100