Piper Sandler Maintains Neutral on Arista Networks, Raises Price Target to $302
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst James Fish maintains a Neutral rating on Arista Networks (ANET) and raises the price target from $268 to $302.
May 08, 2024 | 4:07 pm
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Piper Sandler maintains a Neutral rating on Arista Networks but raises the price target from $268 to $302.
The increase in price target by Piper Sandler 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 Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the potential for significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100