Wells Fargo Maintains Overweight on Arista Networks, Raises Price Target to $340
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Aaron Rakers has maintained an Overweight rating on Arista Networks (ANET) and increased the price target from $310 to $340.
May 08, 2024 | 3:01 pm
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Wells Fargo has maintained an Overweight rating on Arista Networks and raised the price target from $310 to $340.
The increase in price target by a reputable analyst like Aaron Rakers at Wells Fargo 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