UBS Maintains Neutral on Arista Networks, Raises Price Target to $285
Portfolio Pulse from Benzinga Newsdesk
UBS analyst David Vogt maintains a Neutral rating on Arista Networks (ANET) and raises the price target from $275 to $285.
May 08, 2024 | 1:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
UBS analyst David Vogt maintains a Neutral rating on Arista Networks and raises the price target from $275 to $285.
The increase in price target by UBS suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on the stock price. However, the maintenance of a Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for both upside and downside.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100